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. Jan in CA

    Hold it!! You can't possibly make progress without McCain. LOL!!

    September 24, 2008 07:44 pm at 7:44 pm |
  2. Steven

    maybe when Obama appears in Washington he can explain how his economic advisors, former managers at Fannie and Freddie, created this mess in the first place.

    September 24, 2008 07:44 pm at 7:44 pm |
  3. THIS IS THE REPUBLICAN IDEA OF LEADERSHIP?

    So now we know the reasons for postponing the debate:

    1. McCrypt is not mentally nimble enough to focus on more than one issue at a time, so if there is an issue in Russia and a banking crisis in the U.S. which one does he put on hold?

    2. Failin’ Palin needs more time to prepare for the VP debates, again she becomes President, and there is a uprising in Iran and one in Iraq, will she have time to “study up” on the Cliff Notes?

    Either one of these would be very frightening, both of them together is unthinkable…

    September 24, 2008 07:44 pm at 7:44 pm |
  4. elizabeth forbes

    This is absurd! Does McCain think the world is going to "suspend" action on issues when they get tough? We need a President who can actually deal with two (or more) issues at one time. If we were bombed by a terrorist attack tomorrow, would John McCain be able to focus on two issues!

    He's scared to death of debating Obama. I think he's afraid of his own people! Didn't he suspend the Republican convention because of the Hurricane, now this...

    If McCain was interested in a bi-partisan statement, he wouldn't have jumped in front of the cameras after speaking to Obama to turn it into a political side show and battle.

    September 24, 2008 07:45 pm at 7:45 pm |
  5. Joe Regis

    Does McCain knows the amount of problems that the president deals with on a daily basis. This is a 24/7 job and if you can not handle it, you need to retire.

    September 24, 2008 07:47 pm at 7:47 pm |
  6. Adrienne

    Nancy Pelosi can call a special session. duh.

    September 24, 2008 07:47 pm at 7:47 pm |
  7. Eddie

    Hey, I went to Vegas this weekend and lost a crapload of cash.

    I'll just trust my check is in the mail, k thx.

    September 24, 2008 07:47 pm at 7:47 pm |
  8. NOSS

    Obama Bots;
    You do realize the tax cuts and Universal Healthcare are OFF THE AGENDA?

    September 24, 2008 07:48 pm at 7:48 pm |
  9. Darrel from Denver

    McCain is grandstanding here. The Republicans have representatives in Congress working on the issue. McCain brings nothing to the table other than a political photo op and a media circus beyond what it already is.

    This has been the strategy all along. Daily distractions so they do not have to address their losing position in the polls or address the real issues.

    McCain needs to step up and join the debate. Palin needs to step up and join the debate. They are proving to be keystone kops, totally unprepared, and simply opportunists looking for photo ops.

    September 24, 2008 07:49 pm at 7:49 pm |
  10. Barney

    I'm convinced – I'm early-voting ASAP for Obama. To hell with all this crap from the republicans. No more tricks.

    I'll vote early and turn the tv off.

    September 24, 2008 07:51 pm at 7:51 pm |
  11. April Garlow

    Why wasn't Obama willing to debate all summer, we would have seen these two together –if Obama hadn't broken his word that he would debate John McCain anywhere, anytime.Now all of a sudden it's more important than a financial crisis that Buffett says is a financialPearl Harbor--give me a break--Obama just doesn't want to have to take a side-he still wants to vote present.

    September 24, 2008 07:51 pm at 7:51 pm |
  12. Feminist Betty

    It was worth all that Botox ,if Nancy Pelosi can leverage her face lift into a good billion dollar bail out for those banks Barney Frank forced to loan all their money out to homless bums and credit criminals.

    September 24, 2008 07:51 pm at 7:51 pm |
  13. Charlie

    Of all Senators, John McCain has been the most absent. There have been 643 votes taken in the current Senate session: McCain has missed 412 of them.

    McCain has not voted in the Senate since April 8th. Since March, he has missed 109 of the last 110 votes.

    September 24, 2008 07:51 pm at 7:51 pm |
  14. Adrienne

    Obama said he could fly into washington and make the vote Friday and be ready to debate in Mississippi by that night. Obama is a leader than can get it all done. McCain needs a walker. Poor old thing can't keep up. The world can't be suspended in a crisis. Poor old thing.

    September 24, 2008 07:51 pm at 7:51 pm |
  15. April Garlow

    Why wasn't Obama willing to debate all summer, we would have seen these two together –if Obama hadn't broken his word that he would debate John McCain anywhere, anytime.Now all of a sudden it's more important than a financial crisis that Buffett says is a financial Pearl Harbor--give me a break--Obama just doesn't want to have to take a side-he still wants to vote present.

    September 24, 2008 07:52 pm at 7:52 pm |
  16. Enough

    All McCain can do is vote- you know, that thing he has missed doing over 64% of the time in this current congress.

    If this was such a Crisis of Impending Doom, McCain would be in Washington today. Instead, he is going to campaign today and tomorrow and then stop on Friday. So I guess this is one of those crises that you can put off for 48 hours.

    McCain's real reason for pulling this is simple; he'd get hammered in the debate. McCain is deeply involved with these economic problems; his campaign manager took borderline bribes from Freddie Mac for access to McCain, his economic advisor wrote the bill that deregulated the banking industry, and then there is that old Keating Five issue.

    September 24, 2008 07:52 pm at 7:52 pm |
  17. heather

    Typical Obama... me me me me... he'd just vote present anyway! He doesn't want to have to make a real decision because people might then see what he's about. It's probably above his pay grade...

    September 24, 2008 07:52 pm at 7:52 pm |
  18. cecil

    Remember America, It Was Sen. Obama Who Reach Out To Sen. McCain First For The (911 Ceremony)

    It Appears He Reach Out Here First Also.

    Sen. McCain You Should Be Able To Do Both.

    Maybe You Can Program Your VP Pick, And Send Her.

    September 24, 2008 07:52 pm at 7:52 pm |
  19. KATHLEEN

    THE BAILOUT IS A SET UP!!!! NO money left for citizens benefits, soldiers benefits. NO BAILOUT. Hear, Hear, NO BAILOUT.

    95% of Americans will be distraught after this all plays out.
    NO Bailouts.

    Let the Corporations and the rich bail the government out!!! NOT US.

    September 24, 2008 07:52 pm at 7:52 pm |
  20. kn

    I don't want any bill ok'd that gives any money to these CEO. They are crooks and they can collect unemployment just like everyone else.

    September 24, 2008 07:52 pm at 7:52 pm |
  21. rebecca

    good for the house leaders! look, if nancy pelosi and john boehner can release this statement, then congress doesn't NEED either obama or mccain to come back to washington to help build bipartisanship...its already there! right now, our leaders just need time to sit down, work out their differences, and introduce a bill. as soon as you bring presidential poilitics into it, it all goes haywire. mccain, if you truly want to help form the stimulus package, email one of your friends in washington what you would like done, but stay away. all you'll do is break down bonds of bipartisanship by refocusing attention on politics, not the issues.

    obama 08

    September 24, 2008 07:53 pm at 7:53 pm |
  22. CNN

    Senator John McCain has recently released a new statement.

    In his statement John McCain expressed deep disappointment that his Karl Rove Republican distraction techniques and stated that his campaign has been nothing short of anemic.

    The Senator went on to state that if he does not win the election come November 4, 2008, he will petition the American people for... And I quote...

    A DO OVER!!!

    September 24, 2008 07:53 pm at 7:53 pm |
  23. linda from South Dakota

    lol,, yea i agree that mccains scared of debating obama,, it so obvious,,,,, and to cancel the debate bettwen biden and sarah?? oh my,, the two cant be together(mccain and sarah) to plan out what to say next and im sure they are afraid of mis-speakin between te two,, what a pair,, a circus couple,,,, mccain,,, you cant handle the heat ,, then get outta the kitchen,, sarah?? take care of your crap back home before you decide to try it here,, you have no qualifications, its obvious when u have to speak to forgien people to find out whats what,,, you both need to retire,,,,,,OBAMA/BIDEN 08 AND BEYOND,,,,,

    September 24, 2008 07:53 pm at 7:53 pm |
  24. Deb, Allentown,PA

    Scott L., good try, but you lose. Obama will get to Washington on his campaign jet in order to vote for the bailout plan when it's finalized. Just like he took time out of his schedule to go vote on the Medicare bill. Where was McCain for that vote? Not in Washington...nowhere near it.

    September 24, 2008 07:53 pm at 7:53 pm |
  25. Anonymous

    @elizabeth forbes

    McCain wanted to debate OBAMA 10 TIMES and OBAMA REFUSED!!!

    What are you smoking because I would like to have some and live in your fantasy world with you liberals!!!!!

    September 24, 2008 07:54 pm at 7:54 pm |
1 2 3 4 5 6 7 8 9