September 24th, 2008
09:01 PM ET

Evening Buzz: Bailout Battle

Maureen Miller
AC360° Writer 

We're just seconds away from President Bush's address to the nation about the economic crisis. He's expected to make his case for the $700 billion bailout for America's financial firms. Tonight, we're hearing Congress is making progress on the proposal.
What do you want to hear from the President?

Then there's the political bombshell today linked to the economic troubles. GOP presidential candidate John McCain says he will suspend his campaign to focus on the money troubles that are being debated on Capitol Hill and he's suggesting postponing Friday's scheduled debate with his democratic rival Senator Barack Obama.

As you might imagine, Mr. Obama doesn't want to put the debate on hold and took aim at McCain's approach. "I think that it is going to be part of the president's job to deal with more than one thing at once," he told reporters in Florida.

Then just moments ago, Senator Obama and Senator John McCain released this joint statement:
"The American people are facing a moment of economic crisis. No matter how this began, we all have a responsibility to work through it and restore confidence in our economy. The jobs, savings, and prosperity of the American people are at stake.

"Now is a time to come together – Democrats and Republicans – in a spirit of cooperation for the sake of the American people. The plan that has been submitted to Congress by the Bush Administration is flawed, but the effort to protect the American economy must not fail.
This is a time to rise above politics for the good of the country. We cannot risk an economic catastrophe. Now is our chance to come together to prove that Washington is once again capable of leading this country."

Do agree with McCain's plan to put his campaign on hold and delay Friday's debate?  Or should they both go forward?

We'll have all the late breaking details tonight on 360, starting at 10pm ET.
Hope you can join us.

Filed under: Maureen Miller • The Buzz
soundoff (101 Responses)
  1. Larry Stone WY

    This is the first time a politican has put his job in front of personal gain. For that reason alone SENATOR McCain gets my vote no matter the reason. ITS his job and the right thing to do.

    September 24, 2008 at 11:22 pm |
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