Obama not talking about second stimulus: official

By Lisa Lambert

WASHINGTON (Reuters) - U.S. President Barack Obama's administration is not discussing a second stimulus plan to jolt the U.S. economy out of recession, a White House budget official told Congress on Wednesday.

"No one in the administration is talking about a second stimulus at this point," said Robert Nabors, deputy director of the Office of Management and Budget, who is tracking the effects of the economic recovery plan already in effect.

But the White House press secretary, speaking to reporters aboard Air Force One, suggested that could change if the country continues to lose jobs.

Nabors testified at a House of Representatives hearing on oversight of the $787 billion stimulus plan.

"What we are focused on right now is implementing the recovery act that Congress has already passed," he added.

Press Secretary Robert Gibbs said Obama is "not ruling anything out, but at the same time he's not ruling anything in" on another stimulus.

"We continue to watch what's going on," Gibbs said. "I think the bottom line for the president is, if there are steps that he thinks, and his team thinks, need to be taken to improve our economy, we won't hesitate to do that.

Obama is meeting this week with leaders of the Group of Eight major industrial nations in L'Aquila, Italy, to discuss solutions for the languishing world economy.