(CNN) - McCain senior advisor Mark Salter told reporters Wednesday that the Arizona senator’s decision followed two days of discussions with colleagues on Capitol Hill, who told him that the bailout plan from Treasury Secretary Hank Paulson faced an uphill fight.
He also said that McCain called President Bush today and told him of the plan, but would not characterize the president’s reaction to the proposal.
The McCain campaign will suspend airing all ads and all campaign events pending an agreement with Obama, as well as planned fundraising activities.
He added that McCain would take part in the debate as scheduled if Congress reached agreement on the measure by Friday morning.
(Updated to reflect McCain campaign announcement fundraising activities will be suspended)
More of the same from John McShame
John McLame says, “I don’t know much about the economy, I still need to be educated”
“It would be acceptable if we had to stay in Iraq for another 100 years.”
We need to “bomb, bomb, and bomb Iran”
“I have voted with Bush 90% of the time because he has been right 90% of the time”
Sarah Failin says,
“I have foreign policy experience because you can see Russia from Alaska and I went to Mexico on vacation once.”
“I welcome any investigation into my past because I have nothing to hide, oh never mind I will not meet with any investigators for any reason ever.”
She believes the Bush Doctrine is a “World View” hahaha
She says she said “No Thanks” for the Bridge to nowhere when she was actually the one who got it approved
She says we may have to go to war WITH RUSSIA
She decreased her own responsibilities when she was the mayor of a town small enough to be run by a fifth grader
GOOD bring it on
Of course McSame wants to suspend campaigns. He needs more time to practice before the debate.
And the back pedaling begins ......now.
So now McCain is going blame the debate delay on CONGRESS??
Politics at it's finest people – wake up and see through this STUNT!
Leadership we can count on......thanks President McCain!!
What a loser
Obama has always been about Obama....I doubt he will suspend the campaign.
Americans are waiting to see if Obama will step up to the plate and put Americans first....or will he still put Obama first.
AMERICANS should come first!
Way to go McCain!!!
Can we go round in circles??
It's not good to shoot first and ask questions later. Any leader knows that.
NO NO NO! Please CNN WE NEED THOSE DEBATES!!! McCain is afraid to show the world the EMPEROR HAS NO CLOTHES. He will be revealed for the fraud he is and that is why he is shying away from those debates. Please pressure his camp to go on with the debates. The American pubic should here from our future leaders during this time of crisis not run away.
I would imagine that McCain wishes to suspend campaigns and go to Washington and cancel the debate because he needs more time to prepare.
Wow I was gona say this was a pretty smart move by Mcwarmonger until CNN just reported that It was Obama who actualy reached out first this morning suggesting the two release a joint statement on the matter. Mcaine stilling ideas. So now if Obama goes along with this Mcaine is seen as taking the lead thus giving him momentum (he hopes) and if Obama continues to campaign he will be seen as out of touch , not patriotic yada yada....
is that a threat? I'm confused....
Sen McCain – what's the big deal? The economy is fundamentally sound. You told me so and we know you never lie.
oops i meant "hear" not "here"
I believe McCain needs more time to prepare for the debate. That is why he is calling off the debate.
Nice way to try and get the Rick Davis headlines off the front page.
McCain's campaign at this point just REEKS of desperation.
What's the difference between a leader and John McCain?
A leader can work on the bailout AND debate.
WAY TO GO McCain!!!
FROM HILLARY TO McCain!!!!!
So this means he can only focus on ONE thing at a time?????
This is urgent. Please do not let John McCain get away with suspending his campaign. This is America! We do not postpone elections- he's making us look like a third world country! Please, stand up against this bailout!! No one is bailing the taxpayer out.
Don't let them hijack this election season! Not again!
No way! No how! No McCain!
Thank you very much for listening,
The government has $700Billion to give out? Give $2500 to every American taxpayer, including dependents. Some will use it to pay their mortages, some will pay their credit cards, some will go shopping, and others will "invest" in Wall Street. Don't give this money directly to Wall Street.
So he does support the bailout then?
Quick, quick! Back pedal, Sen. McCain! Flip flop! You said you'd support the bailout then said you are suspending your campaign, cancel the debates, now you'll consider the debates. CYA at all costs!
Mccain, you are more than pathetic. For years you supported DEREGULATION and now all of sudden you give a darn! WOW!