September 24th, 2008
07:00 PM ET
6 years ago

Pelosi and Boehner: We are making progress

(CNN) - House Speaker Nancy Pelosi and House Minority Leader John Boehner are releasing the following statement on the progress of the economic bailout deal:

"We continue to work closely with Secretary Henry Paulson, Chairman Ben Bernanke, and with Democratic and Republican members of the House and Senate to improve the Administration’s initial proposal to stabilize the financial markets. Our shared goal is to make the proposal more accountable to taxpayers.

Working in a bipartisan manner, we have made progress. We agree that key changes should be made to the Administration’s initial proposal. It must include basic good-government principles, including rigorous and independent oversight, strong executive compensation standards, and protection for taxpayers.

We are committed to continuing to work cooperatively, and on a bipartisan basis to safeguard the interests of American taxpayers."


Filed under: John Boehner • John McCain • Nancy Pelosi
soundoff (221 Responses)
  1. mary

    THIS ISSUE IS TO GRAVE TO RUSH THROUGH. WE DO NOT NEED TO RUSH INTO FINAL PLANES AS WE DID FOR THE IRAQ WAR.THIS NEED CAREFUL DISCUSSIONS,PLANNING AND IMPLIMENTING.THE DEBATE SHOULD GO ON AS PLANED.THE MEETING WITH THE PRESIDENT SHOULD BE LONG BEFORE THE DEBATE. SO LETS GET ON WITH IT.

    September 24, 2008 09:54 pm at 9:54 pm |
  2. JD in PA

    MCain appears so foolish. Paulsen, Bernanke, and all those members of Congress have been working around the clock for more than a week. Do you think they are waiting for McCain to ride in on his white horse and save the day. I don't think so.

    What they are all surely hoping for is for Sarah Palin to come in and lend her considerable expertise as Washington outsider. That's what we really need to solve the meltdown of the US economy. Someone who knows nothing about Wall Street or the global financial markets, but who specializes in shaking things up. As if they weren't shaken up enough. Now do we all see how ridiculous her presence is on the Republican ticket.

    Give me a break.

    September 24, 2008 09:58 pm at 9:58 pm |
  3. Helen, MA

    Please, Please take your time..........don't be hoodwinked into agreeing to some god-awful plan that the WH is proposing just because they are pushing you so hard.

    Remember the taxpayers have to live with whatever you do, even after your out of office!! TAKE YOUR TIME......make the plan something that will have some regulation, some restrictions, cap salaries, and most of all, do something OTHER than give a free ride to the bankers, traders, managers and other geniuses who got us into this mess.

    September 24, 2008 10:04 pm at 10:04 pm |
  4. Richie

    As I understand it, there are about 1.4 million homes in foreclosure. Paulson wants $700 billion dollars for the bailout. That is $500,000/home. What the government needs to do is work out refinancing on each and every one of the 1.4 million homes. I’d much rather subsidize someone that bought more house than they could afford than some Wall St. big shot.

    September 24, 2008 10:04 pm at 10:04 pm |
  5. Bulldog

    Just another fraudulent photo op for McCain just like Palin's waste of tax payers money with her shananagans with her photo ops with a few world leaders.

    September 24, 2008 10:05 pm at 10:05 pm |
  6. jmh

    We would not have all this mess if not for the Godchild Barry pocketing tax payers money

    September 24, 2008 10:07 pm at 10:07 pm |
  7. pam from MI

    Pelosi what an idiot, I'd be surprised if she could find her way out of a paper bag.

    September 24, 2008 10:11 pm at 10:11 pm |
  8. Mike in Cali

    Finally with their jobs and the economy on the line,
    congress is trying to get something done. I guess most
    of us wait until the wheels are about to come off before we
    tighten the lug nuts.
    Come on you lug nuts, don't let the American Taxpayer down
    again. Write a smart, clean bill that won't favor the rich, please.

    September 24, 2008 10:14 pm at 10:14 pm |
  9. Megan

    this is sad. all you Dems do is wine that McCain does not care about the American people, then when he does something in the interest of the people you condemn him. If you want to piss and moan then tell Obama to get off his can and at least be there for the vote. Oh wait..... he only knows how to vote present.

    No help there.

    September 24, 2008 10:16 pm at 10:16 pm |
  10. just one person

    PILOSE.... LETS SEE......... REAL BIG ON TB PICKENS PLAN SINCE SHE BOUGHT INTO HIS NAT GAS START UP THINGY........EXPLAINS THE NO DRILL NOT NOW THEME........GOT MIN WAGE HIKE IN LOTS OF PLACES EXCEPT SOME OF HER PEEPS IN AMERICAN SAMOA DONT DESERVE MIN WAGE.......OF ALL PEOPLE TO FAKE CONCERN FOR AMERICA SEEMS I HEAR HER SONG A PLAYIN " ELIZABETH ITS THE BIG ONE IM COMIN TO JOIN YA" BUT THAT WAS FOR SHOW TOO RIGHT????????????

    September 24, 2008 10:26 pm at 10:26 pm |
  11. Dave in Illinois

    Let's hope the "Do Nothing" Democratic congress can do a better job than they've done on any other issues that didn't include prok barrel earmarks. Just keep Pelosi, Reid, and Barney Rubble, oops, I mean Franks, away from it.

    September 24, 2008 10:51 pm at 10:51 pm |
  12. Olivia

    The media said that Pelosi and Harry Reid called and told McCain his presence was not required in Wash........don't come.
    That was before the president extended the invitation to meet to both candidates.

    I guess they were speaking for the people of Arizona.

    September 24, 2008 10:52 pm at 10:52 pm |
  13. CW

    niether one of the candidates are writing this legislation, they would only be voting up or down for what is written, it does not take alot to do that, just as our next pres. Obama has pointed out. Senator mccain is using stall tactics and a lame attempt to get people to follow his suggestion which quite frankly is stupid, wanting to appear as if he is "leading the charge" to rescue America. Now if anything should be postponed it's the congressional break, not the campaigns. there should NOT be a rush to get this done as the GOP would have us think, too many errors will be made with far worse damage to this country. HAVE THE DEBATES!! DISCUSS THE ISSUES!! AND THE BEST MAN WILL WIN! OBAMA/BIDEN '08

    September 24, 2008 11:13 pm at 11:13 pm |
  14. Pitbull without lipstick

    scott L : you must be a screen name for Cindy McCain because you are deluded. So based on somebody's skin color and name you are finding fake reasons to say he can't lead this nation?? You are a racist.

    September 24, 2008 11:19 pm at 11:19 pm |
  15. April Garlow

    Obama is right about one thing–he's not needed in Washington!

    September 24, 2008 11:30 pm at 11:30 pm |
  16. Sarah Smith

    Repubs! are LOSERS!

    BIG TIME LOSERS!

    HISTORIC big time losers!

    September 24, 2008 11:35 pm at 11:35 pm |
  17. Millie Gee

    Serves no purpose McCain going to Washington. I have the terminology for this – oneupmanship.

    September 24, 2008 11:35 pm at 11:35 pm |
  18. Remy

    Tax Payers are again losers of this bill. Pandits of Bush are dummies. McCain too joined the dummies to escape the onslaught of Obama!

    Bush must negotiate with the two houses and not call Obama and Mccain to WH! Bush tries to help his Republican buddy!

    September 24, 2008 11:35 pm at 11:35 pm |
  19. inuk of the north

    Wow – Pelosi doing something.

    Too bad it's something wrong, as usual.

    People are losing their homes, their jobs, their pensions, their healthcare and Pelosi wants to help billionaires?????

    I heard there are two constituents that serve the Dems well. Wall Street and Welfare.

    Don't forget the rest of us are between those groups.

    September 24, 2008 11:50 pm at 11:50 pm |
  20. EG

    I'd rather see Barr or Baldwin get McCain's spot. They're both more conservative and it would be a genuinely interesting debate.

    I think we shouldn't be so hard on McCain. He clearly feels the need to go to Washington in person...He obviously isn't familiar with the new long-distance telephone technology and e-mail, and is simply unaware contact can be made from outside of the room.

    If someone on his campaign could just send him a telegraph advising him of the new-fangled talking box, he could keep in touch that way.

    (the above is not intended as a dig at older people...it's a dig at older people who stopped bothering to learn new things but still think they should be president –Czechoslovakia is not a country John!)

    September 24, 2008 11:55 pm at 11:55 pm |
  21. Slow This Bailout Train!

    Good. Progress is good. We like progress. We also like careful deliberation. I keep hearing that both sides of the isle like and trust Paulson and Bernanke... But if I recall accurately, they said the same thing about Colin Powell, and we see where that got us.

    September 24, 2008 11:56 pm at 11:56 pm |
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