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. sam

    my friends, McCain is no Greenspan. His presence in Washington has no significance beside the ONE vote as a senator. . .

    What good can come out of a man who thinks the fundamental of this economy are strong?

    Watch this move out of Rove's playbook backfire.

    September 24, 2008 07:54 pm at 7:54 pm |

    Scott L

    Who the hell cares. Bigger Problems ahead!

    September 24, 2008 07:54 pm at 7:54 pm |

    Scott L
    Who the hell cares. Bigger Problems ahead!

    September 24, 2008 07:55 pm at 7:55 pm |
  4. xavier

    Wow! Since when did the MAVERICK turn yellow? Its shameful the way McCain is hiding behind our countries woes.

    September 24, 2008 07:55 pm at 7:55 pm |
  5. Sue/PA

    Scott L.............Congress has postponed that vote due to the White House Bail-out the fatcats vote...get your facts straight!!!!

    BTW...Obama has come back for a number of votes..McCain has been AOL since April...oh also Obama has written a bill ( that partained to Iran and role of NATO) the repubs led by McCain stopped last week. Obama can multi task and do it all with the safety and the best interests of the American Citizens at heart.

    NOTE: CNN has never spoke about the afformentioned bill proposed by Obama ..hmmmmmmmmm...did CNN deem it not of importance to the American people???...Biden even spoke about it in his Foreign Policy Speech today.

    September 24, 2008 07:55 pm at 7:55 pm |
  6. McCain for Pres.

    Just like Obama to want to talk when actions are required. Wasn't it the democrats saying what terrible shape the economy is in. Leadership is needed. Since one of these two canditates will have to take over, they should have input into fixing the problem.

    September 24, 2008 07:56 pm at 7:56 pm |
  7. Disgusted with McCain/Palin

    Hey McDesperate – ever hear of a jet? You have 2 of them. Conduct business and then fly-in for the debate. Oh – wait. I forgot you don't know how to multi-task.

    Did you know that multi-tasking is part of being the president???? What an idiot!! This is an obvious ploy to buy time until he can "claim" that he solved the crisis.

    September 24, 2008 07:57 pm at 7:57 pm |
  8. TS


    Go to the debate and stopy playing games. They will call you to the hill if and when they need you.

    September 24, 2008 07:57 pm at 7:57 pm |
  9. sick n tired

    McCain is a joke people! Nuff said...

    September 24, 2008 07:57 pm at 7:57 pm |
  10. DEBBIE

    For all you repubs who thinks Sen Obama was ducking Mccain stupid town hall meeting iT'S just in your own head.....

    Listen Obama is a leader not a follower.....why should he subject himself to the republican game.......such as

    1. have town hall meeting with John knowing all the questions .....ifs happen before

    2. the entire audience are republicans.....

    3. cutting off Obama in the middle of his statements.........





    September 24, 2008 07:58 pm at 7:58 pm |
  11. Susan in NC

    Is this actually the 21st century? Must Sen. McCain literally "go" to Washington? Hello! His only thought is a photo opportunity and will only bring more political "hoop-la" to some serious work that's going on there now. Any communicating he needs to do can be done by phone, by e-mail, by fax, by video-conferencing, etc., etc. - we do have lots of modern modes of communication that can be just as effective as actually 'being there' with your political 'circus' in tow. We have airplanes, now, too, that can fly folks from one place to another fairly quickly - how long would it take to fly from Washington to Mississippi, debate for two hours, then back to Washington? - it's time to "step up"!

    September 24, 2008 07:58 pm at 7:58 pm |
  12. CM

    Hey lay off McCain....he already has been forced to work on weekends now because that uppity Obama had the nerve to convince the people to not vote GOP this time.

    Let the old man go and look useful. It'll be more work than he's done in a few years.

    September 24, 2008 07:58 pm at 7:58 pm |
  13. Seattle Sue

    This whole bailout does not smell right. Of course I always think if George W. Bush is for it, watch out. In eight years Bush has not been right about a number of things.

    September 24, 2008 07:58 pm at 7:58 pm |
  14. MORE LIES FROM McDesperate

    A new McCain-Palin ad says that "McCain and his congressional allies led" on the financial crisis while Obama was "mum." That's simply not true:

    Obama has in fact made several statements about the crisis on Wall Street in recent days, delivering his most specific remarks on how government regulations should be changed on Sept. 22, a day before this ad was released.

    McCain gave his most detailed speech on a response to the crisis on Sept. 19, a few days before Obama did. Obama, however, had been pushing for what he called a “21st century regulatory system” back in March.

    The "mum" quote is from a Sept. 20 Washington Times story, which went on to say Obama did "not to divulge details of his recovery plan ... fearing it would stir Wall Street jitters." The ad falsely says that Obama stayed quiet because "no one knows what to do."

    The ad ends by saying: "More taxes. No leadership. A risk your family can’t afford." Actually, most "families" would pay less taxes under Obama's tax plan. An independent analysis shows 95.5 percent of households with children would get a tax cut under his tax proposals.

    September 24, 2008 07:58 pm at 7:58 pm |
  15. deb


    September 24, 2008 07:59 pm at 7:59 pm |
  16. Annie

    I sure hope they know what they're doing because you know our President will go on tv tonight and try to scare the hell out of us and them because he's not getting what he wants. Stay strong, Congress, and do the right thing! And as far as John McCain goes, he needs to man up. His behavior has gone beyond absurd.

    September 24, 2008 07:59 pm at 7:59 pm |
  17. rc

    Let mccain try to back out of the debate. He keeps digging a bigger hole. Everyone will be in Mississippi and either he is a no-show which looks bad, or even worse, he's forced to come back and looks like the tantrum kid who didnt get his way but wants back into the fun.

    September 24, 2008 08:01 pm at 8:01 pm |
  18. California Voter

    I recall when a vote came up about Iran and the Revolutionary Guard, Obama did not take time off from his campaign to vote, and then he sounded criticized Clinton for her vote. Say what you what about McCain, but he doesn't try to dodge issues like Obama. If this financial crisis isn't one of the most critical ones facing our country in the past 70 plus years, I don't know what a crisis is. McCain is ready to deal with the issue here and now, and postpone a debate that could be held next week. Obama doesn't want to get his hands dirty as usual. . . .who's right? Guess we'll see.

    September 24, 2008 08:03 pm at 8:03 pm |
  19. Rosanna

    What are you going to do if you're elected and things get tough? Suspend being president? We've got a guy like that now!"
    Vote Obama.

    September 24, 2008 08:03 pm at 8:03 pm |
  20. the dude

    Is this bailout panic really the "October Suprise?"

    September 24, 2008 08:04 pm at 8:04 pm |
  21. Disgusted with McCain/Palin

    Hey, McDesperate! Ever hear of a jet? You have 2, right? If you cannot multi-task, you cannot be president. Anyway, what exactly are you going to do in D.C.? You're not on the Committee. Just fly-in for the vote – if yours will make a difference. Show-up or forfeit the debate because you're afraid.

    September 24, 2008 08:04 pm at 8:04 pm |
  22. memyselfi

    That crunching sound you hear is the Dems throwing homeowner foreclosure protection under the bus....

    September 24, 2008 08:05 pm at 8:05 pm |
  23. Ron from Baltimore

    Ms Palin,

    Sen. McCain needs you to hold his hand.


    September 24, 2008 08:06 pm at 8:06 pm |
  24. Barney

    mmmm – can't handle a vote and a debate. Let's see – only 1 thing a day. Really effective.

    September 24, 2008 08:06 pm at 8:06 pm |
  25. Hillary Independent finally for Obama

    Does anyone else feel like I do–that we "commoners" don't have a word of input into this incredible disaster????

    My mom is 95 and has tended her investments for DECADES. It is looking like in one week everything she has worked for will be GONE.

    Where does that money go? I have never figured that out.

    September 24, 2008 08:06 pm at 8:06 pm |
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