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Stimulus raised GDP by up to 4.5 percent in 2Q 2010: CBO


    WASHINGTON (Reuters) - The massive stimulus package boosted real GDP by up to 4.5 percent in the second quarter of 2010 and put up to 3.3 million people to work, the nonpartisan Congressional Budget Office said on Tuesday.

    CBO's latest estimate indicates that the stimulus effort, which remains a political hot potato ahead of the November congressional elections, may have prevented the sluggish U.S. economy from contracting between April and June of this year.

    (Reporting by Andy Sullivan)