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. Jack Alcamo

    If McCain is unable to work on the bailout/rescue and do the debate at the same time he could send his VP Sarah Palin to take his place in the debate. As a VP she should be qualified to step up do the job at any time. Problem solved.

    September 24, 2008 07:32 pm at 7:32 pm |
  2. Scott L

    MCCAIN WANTED TO DEBATE OBAMA 10 TIMES WHERE WERE YOU LIBERALS WHINING ABOUT YOUR MESSIAH NOT DEBATING MCCAIN BACK THEN?

    H-Y-P-O-C-R-I-T-E-S

    WHY WOULD MCCAIN WANT TO DUCK A FOREIGN POLICY DEBATE ANYWAY? HE WILL CRUSH OBAMA.

    September 24, 2008 07:32 pm at 7:32 pm |
  3. Ann Moore

    "Here I am to save the day.
    John McCain is on the way."

    What a joke he has become! It really is sad. He had so much promise.

    September 24, 2008 07:33 pm at 7:33 pm |
  4. wiser

    Senator McCain was a fighter pilot who is willing to fight for Americans. Senator Obama was a professor who is willing to pontificate and ponder for Americans. Senator Obama should stay in his ivory tower in Chicago.

    We need someone who will do more than vote present 130 times!

    Democrats for leadership and McCain!

    September 24, 2008 07:33 pm at 7:33 pm |
  5. cecil

    Plane ride from Washington D.C. to Mississippi: one and a half hours. Presidential debate: one and a half hours. Plane ride back to Washington D.C.: one and a half hours.

    McCain Just Too Old To Do Both!

    Follow The Yellow Brick Road McCain!

    September 24, 2008 07:33 pm at 7:33 pm |
  6. Kelly CA

    I wouldn't trust Paulson as foar as I could throw him.. Anyone that puts this language in a plan before congress needs to be arrested not worked with!

    Section 8 of the proposed plan says: 'Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.'

    September 24, 2008 07:34 pm at 7:34 pm |
  7. Charlie

    mccain will destroy this bipartisan basis with his attempt to make it a john mccain show!

    September 24, 2008 07:35 pm at 7:35 pm |
  8. No McPain

    Heard this from a fly on the wall at John McCain's house:: "NO! Don't make progress. I'm afraid of the debate and I need an excuse to stay home. Maybe I can say I'm sick... the dog ate my notes..... I have to wash my hair.... I want to watch Dancing With The Stars..... I'm inventing a new version of the blackberry"

    September 24, 2008 07:35 pm at 7:35 pm |
  9. KATHLEEN

    NOTICE to Senators and Congress.
    NO BAILOUT.

    All Citizens, Google The Huffington Post and go to THE SHOCK
    DOCTRINE by Naomi Klein should you really want to know what
    our Government is doing to us. A MUST READ!!!!!!!!!!! Then after
    you read this, you will NEVER. NEVER. NEVER CONDONE A BAILOUT.
    CLICK ON Newt Gindrich link which explains what Doctrine Newt
    has in store for us poor suckers.

    Obama Biden 2008

    September 24, 2008 07:36 pm at 7:36 pm |
  10. tedious898

    Can McCain just say "my campaign, party, and vision for the country sucks...heck I haven't had an original idea since running in 2000"?

    "THEREFORE, I CONCEDE"

    The McCain campaign is totally bankrupt just like our economy. Give it up Gramps and let us get started fixing this mess you and your party created.

    September 24, 2008 07:37 pm at 7:37 pm |
  11. Dan, TX

    McCain just lost the election. Hurray!

    September 24, 2008 07:37 pm at 7:37 pm |
  12. Scott L

    SENATE VOTE ON ECONOMIC PACKAGE:

    99-0-1

    1 Absentee. Barack Hussein Obama.

    September 24, 2008 07:37 pm at 7:37 pm |
  13. MikeH

    We need camera footage of John Mccain pacing up and down the hallway outside the room where ECONOMIC EXPERTS are crafting the bailout package.

    Then produce a campaign ad where a voice says, "John McCain single-handedly kept the congress in session to work out the bailout package, John McCain saved America". Freeze on John, and be sure to have Sara Palin standing next to John wearing her Stars 'n Stripes bikini and holding that gun, while glitter rains down on both of them from above.

    September 24, 2008 07:37 pm at 7:37 pm |
  14. KATHLEEN

    Corporations and Billionaires can bail this Government out. Not us!
    Bush can start a fund!!!! BAILOUT THE MISTAKES WE MADE FUND!

    September 24, 2008 07:37 pm at 7:37 pm |
  15. Isa

    Happy to see them working in a bipartisan manner.
    Still, time to vote out the PARTY THAT WRECKED AMERICA!
    The Republicans must go. No McCain!

    September 24, 2008 07:38 pm at 7:38 pm |
  16. California

    i am a full time student and full time sales rep. why is my tax dollars used to fill the rich peoples pockets?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!?????????? Bush/mccain the whole GOP destroyed my American dreams

    September 24, 2008 07:38 pm at 7:38 pm |
  17. Michael, watching from Canada

    Common sense dictates that the experts on economics should be directly involved in substantive discussions and consideration of options in order to flush out a truly bipartisan solution to the economic crisis.

    And since Mr McCain has stated that he is no good in economics, common sense should prevail and he should not interfere in an already ongoing delicate process.

    What happens if Mr McCain actually slows down the process for resolving the political crisis?

    Besides, shouldn't good leaders be able to multi-task and participate in matters only as required by those highly involved in specialized issues?

    September 24, 2008 07:39 pm at 7:39 pm |
  18. Rachel

    Why are y'all condemning McCain for doing his job? If Obama did this y'all be praising him for caring. And if McCain didn't do this, y'all say he doesn't care

    September 24, 2008 07:39 pm at 7:39 pm |
  19. indy chris

    which do I detest more, pelosi or boner? tough call. and about the last person I want to get his grubby little mits on this bailout is old mcnasty.

    September 24, 2008 07:40 pm at 7:40 pm |
  20. Scott L

    CONGRESS GOES INTO RECESS SEPTEMBER 26th.

    DUH!!!!!!!!

    September 24, 2008 07:40 pm at 7:40 pm |
  21. Scott L

    99-0-1

    CONGRESS IN RECESS SEPTEMBER 26th.

    1 ABSENTEE – BARACK HUSSEIN OBAMA IN VOTE ON ECONOMIC STIMULUS PACKAGE.

    YOU LIBERALS SHOULD BE WHINING FOR OBAMA TO AT LEAST BE THERE TO VOTE! GONNA LOOK VERY BAD IF HE IS ONLY ONE ABSENT.

    September 24, 2008 07:41 pm at 7:41 pm |
  22. Margot Lobree

    No CEO, CFO or any director of any finacial institution, or in industry should be allowed to walk away with a bonus, golden parachute or even stock options that can be cashed in within less than 10 years. None of them deserve a dime nor should they ever be allowed to earn more money than the average American who does a good job and a honest days work. Their greed is unforgivable.

    September 24, 2008 07:41 pm at 7:41 pm |
  23. alvino

    This will give John a chance to return to a place where he last voted in April, take credit for getting the deal done even though he has no part in it, and become the true hero to the American people. He and Sarah will ride off into the sunset.

    Or, he will get in the way and stop any progress that has been made in one of the worst thought out, unpresidential ploys in political history. Shoot first and ask questions later is what we have now as a president, and John is more of the same.

    September 24, 2008 07:42 pm at 7:42 pm |
  24. Emma, San Jose, CA

    McCain clearly demonstrates his panic by trying to conjure an image of himself that will win over the American voters. He is also clearly showing he cannot handle more than one thing at a time. Is he going to fool us as voters?

    September 24, 2008 07:42 pm at 7:42 pm |
  25. christina

    I DO NOT TRUST MCCAIN,BUSH OR PAULSON.It's amazing to me there are four things that the majority of the congress would like it the bill.So I would say Mr.President if you don't want us to help I WOULD TELL HIM TO PAY FOR IT HIMSELF.

    September 24, 2008 07:43 pm at 7:43 pm |
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