September 24th, 2008
07:00 PM ET
10 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. Obama is the REAL Change

    -HOW can MCCAIN keep getting away with:
    -Palin not to speaking with the press.
    -Palin and husband will not show up for legal case in Alaska.
    -Palin can't be seen or heard speaking to the leaders of other Countries.
    NOW HE WANTS TO CHANGE HER DATE TO DEBATE WITH BIDEN.......We SHOULD be outraged by McCain and camp, their DRAMA will never END........this WOMAN is a JOKEEEEEE!!!!!!!!!!!!!!!!!!!!
    McCain and Palin are making the MEDIA is looking like a FOOLLLLLLLLLLLL.!!!!!!!!!!!!!!!!!!!

    September 24, 2008 07:07 pm at 7:07 pm |
  2. female against Palin

    John McCain has skipped more votes during this session than any member of the Senate except for Tim Johnson, who had major brain surgery. He has cast a single vote in five months, since April 9. All of a sudden, McCain is demanding that the presidential race shut down so he can return to Washington?

    September 24, 2008 07:09 pm at 7:09 pm |
  3. Billy

    So by showing up with his campaign cameras, McCain is actually jeopardizing the passing of the bill.

    If McCain wants to help, he should express support for the bill and then continue business as normal. He shoulnd't be acting all panicky and desperate and shake the nation's confidence.

    Besides, McCain actually have ZERO role in this bill until it is time for a vote. What's he going to do? Sit outside the conference room and meditate?

    September 24, 2008 07:09 pm at 7:09 pm |
  4. Liz

    I'd LMAO if they reached an agreement tonite!!! What would McChicken do then???

    September 24, 2008 07:09 pm at 7:09 pm |
  5. Ex-Republican for Obama

    They got it in order get to the debate.

    You'll screw the entire country over if you go there and muck up the progress now, you'll only screw yourself over if you go to the debate.

    Put country first, and DON'T go to Washington, your incompetence will cause all progress to be lost. Quit playing your rotten, pathetic, corrupt games. Show us the true 'idiot' you have become.

    September 24, 2008 07:12 pm at 7:12 pm |
  6. Griff

    You must work down a Coal Mine!!

    September 24, 2008 07:12 pm at 7:12 pm |
  7. No to Palin

    Wow! Bipartisianship WITHOUT McCain involved! Amazing!

    Good job, Congress!

    September 24, 2008 07:13 pm at 7:13 pm |
  8. Tejano

    Press release: We will work together to screw the American taxpayer. our benefactors on Wall Street need to be protected from prosecution and compensated for doing such a great job in keeping our financial institutions strong throughout this ordeal. If we have to
    print more money and devalue our dollars, we will do so with all expediency. So what if our Grandchildren have to pay for it, us old folks here in Washington are going to enjoy our retirement benefits
    in a few years. Thank you suckers for electing us to this gravy train.

    September 24, 2008 07:14 pm at 7:14 pm |
  9. abina

    Please CNN tell us about the interwiev Pali just have whit Katie Courie on CBS.
    Please PLease Please.

    September 24, 2008 07:14 pm at 7:14 pm |
  10. Jesus Praising & Freedom Loving Patriot

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

    WOW-WEE-WOW! If Bush only would have done this from the beginning then we would be in this problem.

    September 24, 2008 07:15 pm at 7:15 pm |
  11. Reese MD Independent

    But I thought there's a crisis that John McCain has to fix... How can the House Democrats and Republicans be moving forward without him. OMG!!! Give me a break. McCain just wanted to change the subject again because he has nothing to offer the American People. He's not even on any of the committees that are negotiating this deal. The White House isn't going along with his plan to have all the talking heads on the Hill get together with the presidential candidates because they know this thing is moving forward. Voting for McPain is the biggest blunder the American people can ever make!

    September 24, 2008 07:15 pm at 7:15 pm |
  12. Pat Riot

    How about you just don't do it? How about that? It seems like the debate isn't even over "is this a little socialist"? This is absolutely unacceptable. The government should not be buying up bad debt and nationalizing the financial system. This is a totalitarian approach to a simple problem. Get government out of market manipulation and we won't have these problems.

    September 24, 2008 07:16 pm at 7:16 pm |
  13. Independent but Leaning

    If Pelosi says they're making progress, you can bet they just took 2 steps backwards.

    September 24, 2008 07:17 pm at 7:17 pm |

    Pelosi and Boehner:

    Don't waste your time releasing these kind of statements. McCain's COMMITMENT to distractions have nothing to do with the mess in the economy.

    I LOVE the comment made in the other CNN ticker:
    “I don’t understand why McCain feels he can talk to the American people about the economy better from somewhere else than he can from [mississippi]. Pure Genius!!! Completely unravels senator McCains Country first argument.

    However, this may actually work, as the "Even When They Are Insulting Our Common Sense Republican's Can Do No Wrong" group and the "I WIll NEVER Vote For Obama" group buy into this shameful excuse of a campaign....

    Has anyone taken time to notice that McCain has NO legislative authority in this issue?

    September 24, 2008 07:17 pm at 7:17 pm |
  15. Maritza

    Nancy Pelosi could not identify progress if it was a purple dinasour headed her way, she has done ZERO in the way of progress , example ,the voting needed for drilling sat on her desk while she high tailed it out of Washington and headed on vacation, this women has a failed leadership in congress they have stalled on a number of pending urgent issues , John Boehner is a better example of moving into action when needed, Pelosi is a power tripping game player this congress has the lowest approval rating to prove it.


    September 24, 2008 07:17 pm at 7:17 pm |
  16. Donald, Canton, NC

    Go into Special Session and noone goes home until a comprehensive and realistic plan is agreed to. NOT on Bush's terms, or the CEO's of Wall Street, or the so-called experts that let this happen in the first place.
    Also, Congress and the entire Executive Branch need to be held accountable for malfeasence of office.
    Enough of the sound-bites and pickering, stay in session as long as it takes. Wall Street can sit on their thumbs and wait. Also, where are you going to get the $700 billion plus to fund this fiasco?????
    I want to know all in advance - and nothing sneeked in that you representatives fail to read!!!!!

    September 24, 2008 07:17 pm at 7:17 pm |

    mcfool,chickening out.mcempty brave and just drop out

    September 24, 2008 07:18 pm at 7:18 pm |
  18. fixthebroken


    I couldn't say it better myself. McCain has zero direct role in this plan. It is insanity...

    Please American Electorate, don't fall for it!

    September 24, 2008 07:18 pm at 7:18 pm |
  19. Ty, OKC

    TAKE YOUR TIME! We can not afford a rushed decision.

    Obama/Biden 08,12

    September 24, 2008 07:18 pm at 7:18 pm |
  20. Pat Riot

    Is everyone taking crazy pills? The federal government is going to buy up majority ownership in some of the nations biggest financial institutions. This is insane! This government is rapidly becoming tyrannical. War, corruption, and now stealing! The Federal Reserve has been robbing middle American of its wealth for years and giving out easy loans to America's military industrial complex. Well what do you know. Now they want to just buy Wall Street. I'm moving to Iceland where the word Conservative actually still means something.

    September 24, 2008 07:19 pm at 7:19 pm |
  21. Adrienne

    You know... the last thing the public wants is to be bull rushed into another hugely expensive piece of legislation. We want the debate and if congress can;t come up with a deal with out Obama and McCain holding their hand then both men can work through the week end with them. I feel no need to have this thing done by Friday. I would rather then take a few extra days to get it right. Fast is not better.

    September 24, 2008 07:20 pm at 7:20 pm |
  22. Independent but Leaning

    Obama is doing nothing but getting phone updates! When is he ever going to step up and be a leader? These guys are elected to do a job, and they need to go do their job.

    This bailout is going to happen in the next 36 hours. We have 40 days until the election- why does Obama have to have the debate this Friday?

    Obama's pathetic. The bottom line is he's crammed for this and needs to take the test before he forgets it all.

    September 24, 2008 07:20 pm at 7:20 pm |
  23. TexicoFrom Mexico

    More spin and lies from the McCsame camp. The poster on here who goes by the handle of Vote08 is a conservative blogger (townhall) who has time and again refused to debate the issues. He calls Obama an empty suit with no ideas. That all he has done is written two books. Well I got news for Vote08, I will gladly debate you but you keep running and hiding behind the lies that you consume yourself with. Do you really think that Obama and McCain would not be a distraction in Washington right now? One big photo OP? Come on, I want my President to be smart and be able to mulit task in this day and age…oh wait thats something neither McCain nor you know how to do very well! In my lifetime I have never seen a candidate work so hard, lie so much or pull as many stunts just to try and get the vote he needs to win...and I thought Nixon was bad...this guy takes the cake

    All this talk about suspending this campaign is because he is down in the polls taking a time out and trying to regroup. He knows he will get slammed in these debates…wake up America! Oh and all you repubs don't come on here saying how being in Washington can help, it can't! They have planes, cell phones and BLACKBERRYS....oh wait YOUR RIGHT McCain does need to be in Washington he does not know how to use any of that equipment! The debates last only 2 hrs folks....I hope Obama shows up and McCain dosen't. The American people deserve these debates just as we deserve to have Sarah Palin TALK FOR ONCE IN HER LIFE!

    Veterans for Obama

    September 24, 2008 07:21 pm at 7:21 pm |
  24. montag

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

    Translation: "We Democrats are going to cave again to Bush and the Republicans."

    September 24, 2008 07:22 pm at 7:22 pm |
  25. Adrienne

    It seems both Mccain and Bush are once again in lock step to bull rush another huge and costly piece of legislation on the people with only two days to look it over before the world is going to end... again.

    September 24, 2008 07:23 pm at 7:23 pm |
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