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. Kelby from Houston, TX

    It is important that they review the hell out of this. Bush has used fear tactics to push his legislation through before and we got a war based on false premises and major tax cuts for the rich. They should review it, make the neccesary changes and get it on his desk. But what ever you do don't take anything from Bush at face value and one more thing.

    VOTE FOR DEMOCRATS!
    VOTE FOR OBAMA

    September 24, 2008 08:30 pm at 8:30 pm |
  2. Anonymous

    mccain is a SICK man!!!!!!

    September 24, 2008 08:30 pm at 8:30 pm |
  3. Dave

    What next? Postpone the election?

    September 24, 2008 08:31 pm at 8:31 pm |
  4. Jamal

    Pelosi, can you do anything? You are so useless. Seriously, please quit worrying about the "average man" right now. If the credit markets seize up, the "average man" will suffer far worst than they already are because life as Americans have grown to live by will cease to exist when the availability of loans and credit cards are VERY rare. People need to learn to live within their means (quit living on credit) and Congress needs to stabilize the credit markets ASAP. Also, remove the short-selling ban. This is doing nothing, but sending hedged banks and investment firms up a creek without a paddle. Why are people who make economic decisions the ones who lack the proficiency to understand markets and the consequences of their actions?

    September 24, 2008 08:31 pm at 8:31 pm |
  5. Biff

    I HAVENT SEEN THIS TYPE OF GRAND-STANDING SINCE BUSH FLEW IN TO WASHINGTON SPECIFICALLY TO SIGN INTO LAW THE BILL REGARDING....(oh gee, i forget her name)......

    C'mon guys... you know the one.... where the poor lady was already clinically brain dead... and the republicans were pandering to the "LIFE" crowd.

    TERRI SCHAIVO !!!!!

    (I know i would think of it)

    this is JUST like that....... pandering grand stand!

    September 24, 2008 08:31 pm at 8:31 pm |
  6. laurie

    Just a thought....sounds far-fetched even to me, but then again.......
    Are we SURE McCain is really a Republican.....the way he is acting the last few months makes me think he is actually trying to "throw" this election..... He is making WAY,WAY too many mistakes and showing too much poor judgement to think that he really wants the Republicans to win.....

    September 24, 2008 08:33 pm at 8:33 pm |
  7. let's take our country back

    Scott L is an idiot.

    Can i just say that.

    Every time I see his name and his idiotic comments, I am consistently reminded that we are descendants of Neanderthals.

    BOJO 08

    September 24, 2008 08:34 pm at 8:34 pm |
  8. laurie

    Barney.... right on.... lets start a movement..... vote early for Obama and turn the tv's off..... I can't stand to watch any more Palin/McCain nonsense...... get out and vote everyone......

    September 24, 2008 08:35 pm at 8:35 pm |
  9. Franky

    "McCain camp to propose postponing VP debate"

    Another one?? My goodness!!!! They are not making themselves look good...

    September 24, 2008 08:36 pm at 8:36 pm |
  10. Don

    John Insane can't even read the 3 page "Reader's Digest Condensed Version", and he's going to lead us all out of this. If we weren't talking about the person who has the potential to lead the free world it would be funny. As it is, it's terrifying.

    September 24, 2008 08:37 pm at 8:37 pm |
  11. KATHLEEN

    We are making progress!!!! On accepting a BAILOUT! NO.

    No Bailout. Let the Bush admin. pay. He can get the donations
    from BIG CORPORATIONS.

    It is their mistake, we cannot be paying for this.

    September 24, 2008 08:38 pm at 8:38 pm |
  12. The Nightingale Sings in Berkley Square

    Pelosi, Reid and Obama. reminds you of Larry, Curly and Moe of the Three Stooges fame. And put Biden in there as well and you can see the tragedy for the American People.

    Both Obama and Biden voted at least twice for the famous bridge to no where. Then Biden told Katie Couric that FDR appeared on TV during the great depression of 1929. Funny since Hoover was president and TV didn't come into use by the presidents until much much later.

    What stooges the Democratic leadership selected. Enny, Menny, Minney, Moe or Larry, Curly and Moe with Biden.

    September 24, 2008 08:38 pm at 8:38 pm |
  13. Mike in MN

    before I was so rudely interrupted, THE TREASURY DEPT. This is good King Georges end game for what he started on 9/11/2001. Now McSame is playing his part to distract the weak minded electorate with the "PATRIOTIC" thing to do, for the good of the country, is forgo the debates. What's next? Forgo elections? Be afraid America. Be very very afraid! The Republicans will come to your rescue though. WAKE UP!!!!!!!

    September 24, 2008 08:39 pm at 8:39 pm |
  14. Ron was a REP now a DEM

    Sen. Obama should show up for the debate. If Sen. McCain trusts Gov. Palin she should take his place. The debates must go on. More hype from the GOP like hurricane Gustove and the RNC cancellations. Now no limelight and look at the problem they are having from Ike.

    McCain is not about country first,and if he wins Texas after the lack of concern for the peoples suffering fron Ike this is not about leadership or direction but about race.

    September 24, 2008 08:41 pm at 8:41 pm |
  15. KATHLEEN

    And, the McCain trick to cancel the debate did not work, so they
    BUSH AND MCTRICK invite Obama to the White House for a Private
    meeting right before the debate. Mississippi is going to be fuming
    mad!
    How can Obama say no to a meeting set by Bush and McCain!
    CAN'T. Either way, they will make up things that will make Obama
    seem like he doesn't care about the bailout!! This is awful!!!! Just
    awful.

    September 24, 2008 08:42 pm at 8:42 pm |
  16. Jeff

    I'm voting for Pelosi-Boehner '08!!!!!
    That would be a change . . . an actual track record of bipartisan cooperation on America's economic "crisis" (it's only a crisis because the people in charge let it get out of hand in the first place!!!! ).
    These two LEADERS are doing what Congress as a whole should have done on this issue six months to a year ago - if not back in 1996 when it all started to hit the fan.
    Shame on the bipartisan bickering that's going on - in Washington AND on Main Street. We once led . . . now we are conquering ourselves by our own divisiveness.
    McCain and Obama are both acting like big babies!
    Get over yourselves! REAL AMERICANS ARE TIRED OF IT!
    Get back to work AND find time to debate THE ISSUES, for once. Are we that bad off that we can't live without 2 percent of the U.S. Senate at work on a Friday! Pitiful. Just pitiful!

    September 24, 2008 08:43 pm at 8:43 pm |
  17. Dom

    They should scrap the bailout.

    Moreover ---JOE BIDEN--- needs to challenge Palin to move up the VP debate too friday on THE ECONOMY!!!

    Come on' folks get this going!

    September 24, 2008 08:44 pm at 8:44 pm |
  18. An Le

    Everybody should do something to save the country, not to hurt each other.
    Republican or Democrat should think of the country first, not your own party.
    It's the country, not the party that counts.

    A concerned citizen.

    September 24, 2008 08:44 pm at 8:44 pm |
  19. John in Iowa

    Pelosi couldn't close a barn door! She's the cause of all of this!

    September 24, 2008 08:44 pm at 8:44 pm |
  20. Rodger

    Congress will get it done by Friday. This time the the Democrats will have it done right....the debates will go on, despite McCain's fears and not wanting to have the whole country see him sweat!!!

    September 24, 2008 08:45 pm at 8:45 pm |
  21. Pelosi is an old hag

    It's amazing, she has a face lift and a bucket of botox , and suddenly she can accomplish something again.

    September 24, 2008 08:46 pm at 8:46 pm |
  22. The King of Vegetables

    It is unfortunate that the first female speaker of the house is one of the least significant political figures in recent history. How can so much power to do good be used with such total ineffectiveness? If Pelosi is a figure in these negotiations, then we may as well give up now. She will never figure out what they did to her until years after its done. We may as well make OJ Simpson Chief Justice of the Supreme Court.

    September 24, 2008 08:48 pm at 8:48 pm |
  23. Former Alaskan - Current Texan

    Here's a thought– schedule the vote for first thing MONDAY morning– or even a SATURDAY vote. Don't let McCain skate on this debate. The guy is just afraid to debate Obama.... just like they're scared to death to let Palin debate Biden. They (McCain campaign & GOP operatives) must still be trying to find out in advance what the questions will be so they can prepare their candidates.

    September 24, 2008 08:48 pm at 8:48 pm |
  24. An Independent Hillary

    Nancy PeLoser has never made progress on anything with her do-nothing house. The worst speaker in history!!!

    September 24, 2008 08:48 pm at 8:48 pm |
  25. David U

    How about the media gives some coverage of the huge payouts to the execs over the past few years of the various "distressed" firms? As far as I'm concerned they bought their distress. NO BAILOUT OF ANY KIND.
    Contact your representatives and put a stop to this nonsense.
    Democrats.....JUST SAY NO.

    September 24, 2008 08:51 pm at 8:51 pm |
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