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10.29.1012:35 PM ET

Live: White House Comments on Terror Plot

President Obama addresses the purported terror plot disrupted Thursday, after suspicious packages from Yemen aboard cargo flights prompted a military-escort landing.

President Obama confirmed reports about a terror plot involving cargo planes during a press conference on Friday, calling it a "credible terrorist threat" against two Jewish sites in Chicago. He also revealed that packages discovered in Dubai and Britain contained explosive materials.

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