September 24th, 2008
09:15 PM ET
6 years ago

CNN confirms: McCain, Obama to meet with Bush about bailout

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Pres. Bush has summoned Sens. McCain and Obama and congressional leadership to the White House to discuss his plan to bailout the nation's fianancial markets.
Pres. Bush has summoned Sens. McCain and Obama and congressional leadership to the White House to discuss his plan to bailout the nation's fianancial markets.

WASHINGTON (CNN) - President Bush has asked both Sen. John McCain and Sen. Barack Obama to join him for a meeting at the White House Thursday afternoon to discuss the economic bailout plan, a White House officials said.

"The President called Sen. Obama tonight around 7:30 pm," said Dana Perino, White House press secretary. "The president has invited the bicameral and bipartisan leadership, and the two senators running for president, to the White House tomorrow to work on driving to a bipartisan and timely solution."

Obama's campaign said in a statement that he has accepted the invitation.

"A few moments ago, President Bush called Senator Obama and asked him to attend a meeting in Washington tomorrow, which he agreed to do," the statement said.

"He has said that he will continue to work in a bipartisan spirit and do whatever is necessary to come up with a final solution."

A McCain adviser said McCain also plans to attend.

– CNN's Elaine Quijano and Dana Bash contributed to this report.


Filed under: Candidate Barack Obama • Extra • John McCain • President Bush
soundoff (951 Responses)
  1. Anonymous

    U LIBERALS STOP DRINKING THE KOOL AID!!!!!!!!!!At least our guys a leader and actually does something instead of talking!!!!!!!!!!!! u liberals!!!!!!!!!! u dont wanna look at the facts!!!!! barack apolo obama the most merciful the god of truth and light is not being asked any questions from the media that need answering!!!!! FACT: HE HAS ACCEPTED THE SECOND LARGEST AMOUNT OF MONEY FROM FANNY MAY/FREDDIE MAC.. FACT: FRANKLIN RAINES AND JIM JOHNSON ARE OBAMA'S FINANCIAL 'EXPERTS" BUT ITS THERE FAULT WE'RE IN THIS CRISIS...FACT: OBAMA'S MENTOR AND FRIEND BILL AYERS IS AN UNREPENTENT TERRORIST... FACT: MARK REZCO WORKED WITH OBAMA AND GOT HIM A HOUSE WHEN HE WAS A COMMUNITY ORGANIZER (WHATEVER THAT MEANS) AND NOW HES GOING TO JAIL!!!!!!!! THATS THE CHANGE WE NEED!!????!!!

    September 24, 2008 10:08 pm at 10:08 pm |
  2. Marilyn

    Bush is in with the mccain camp. bush stole the election in 2000 and now is trying to help mccain steal this one in 2008.

    September 24, 2008 10:08 pm at 10:08 pm |
  3. Cyndi

    This sounds so fishy! George this happened on YOUR WATCH, so deal with it. And for you McCain I can sense what you are up to! Obama was so right, you have to be able to chew gum and walk at the same time, in other words the debates must go on!!!! As an independent I want to see what our future president has to say about where they want to take America in the next few years!

    The debates MUST GO ON!!!!

    September 24, 2008 10:08 pm at 10:08 pm |
  4. Bulldog

    McCain should know all about this financial crisis we are facing since his fingerprints were also all over this nation's last economic crisis with the Savings and Loan crisis in the late 80s. McCain was directly involved in the Keating 5 scandal and was able to wiggle himself out of a federal indictment through some powerful lawyers.

    McCain is a fraud and is very dangerous if is allowed to lead this country.

    September 24, 2008 10:08 pm at 10:08 pm |
  5. Derrick Minott

    palin going to the un for a crash corse in forign policy is a joke.
    do they think its going to make her a expert over night,barbara
    walters knows more about forign policy than palin,McCane should
    of pick her for vp.

    September 24, 2008 10:09 pm at 10:09 pm |
  6. Walt Bailey

    If McCain is elected and the nation faces another "crisis" will he
    suspend his presidency?

    September 24, 2008 10:09 pm at 10:09 pm |
  7. Mike in Cali

    Does anyone else think this may be the first time
    an exiting President offers an joint apology to the two
    contenders for his job? I can only imagine what they will
    talk about.....

    "Uh, sorry guys. Good luck I'll be in Crawford."

    September 24, 2008 10:09 pm at 10:09 pm |
  8. CJ in Texas

    This is all POLITICAL and Bush is just helping McCain with this ridiculous stop to his campaign....this is absurd....McCain is not capable of leading this country...he stopped his campaign and had his best friend help him....more the the same...

    September 24, 2008 10:09 pm at 10:09 pm |
  9. Republican voting for Obama/Biden

    McCain is tucking tail and running. He wants to hide. This is sick. Do you all that haven't made a choice want this person as President?

    We must have a leader. Someone that can stand for the American People.

    Obama/Biden

    September 24, 2008 10:09 pm at 10:09 pm |
  10. Mom for Obama

    It will be nice for the old buddies to get together and chit chat about how the Republican party has failed this country miserably. Hang in there Obama and hold your nose.

    September 24, 2008 10:10 pm at 10:10 pm |
  11. Kevin

    George W. Bush : worst President ever! Possibly the worst head of any state ever.

    September 24, 2008 10:10 pm at 10:10 pm |
  12. Samantha

    McShame's tactics are so obvious! This is really ridiculous. The debates MUST go on!

    September 24, 2008 10:10 pm at 10:10 pm |
  13. Anthony

    Bush is so berifit of ideas that he is calling in anybody he can to help,i suggest using his VP he sure new how to make haliburton rich and strong over the last eight years get him to work the same for the american people. the people he was supposed to be working for.

    September 24, 2008 10:10 pm at 10:10 pm |
  14. Marie in NV

    Bush should ask Obama and Biden :

    WHY THEY ARE IN THE TOP 5 (Clintons also there) FOR ACCEPTING CAMPAIGN CONTRIBUTIONS FROM FREDDIE MAC and FANNIE MAE!!!?

    PAY US BACK NOBAMA, BIDEN, HILL & BILL!!

    Before you point fingers at others, own up to your contribution to this mess! You had 2 years to do something and didn't .

    September 24, 2008 10:10 pm at 10:10 pm |
  15. No Bailout

    The fundamentals are still strong ...my friends

    September 24, 2008 10:10 pm at 10:10 pm |
  16. Abby

    Good Job McCain – a leader we need for America.

    Obama as usual – will be "present" – IF needed.

    September 24, 2008 10:10 pm at 10:10 pm |
  17. @JRT

    you guys are so dumb...if there is no bail out of the companies...
    (not the executives...I don't care if they all end up in jail)
    Then there is going to be a bigger credit problem and stock goes down.... your 401 K will be gone for sure.
    and your company owner can't get money to run company or his customer has no money to do business...you you end up jobless...
    or you can't get student loan for school...
    and when people go jobless or business go under and property price go down....then just think who is paying for tax for federal or local government? and these money are the one that pay for road and service and also pay off bonds (loans) that the government make...
    when the county can't pay off bond and go bankcrupt.... then the bonds are worthless... and you know that bonds are the "SAFE" investment the banks use to hash their investment?
    it all go puff and everyone goes hunger jobless on the street just like great depression.
    So you think this little election will be that important anymore?
    Obama vs McCain ?... It will take a long time to go back if America wall street go puff...
    you guys are idots.

    September 24, 2008 10:11 pm at 10:11 pm |
  18. NC for Obama

    Juiceball, please don't stress McSenile out...he needs more naps for his debate prep and all this econom???? stuff if bumming him out.

    September 24, 2008 10:11 pm at 10:11 pm |
  19. 23 OB supporter

    Wow unbelievable, this loon Bush helped put the economy where it is today now he thinks he can help resolve it by writing a blank check to wall st, without incentives for the people who are losing their homes, unemployed and we the tax payers are the ones paying for this bail out. Thanks but no thanks McBush!

    September 24, 2008 10:11 pm at 10:11 pm |
  20. Jen

    CNN the way you report the news is a joke..This whole day is a joke! McCain panndered and Palin flopped on CBS. McCain played chicken with Obama and Obama did not blink. McCain is finished!! Report the news instead of always bending over backwards to appear impartial.

    September 24, 2008 10:12 pm at 10:12 pm |
  21. L VA

    Why does BHO need to have a formal invite from the President in order to come out of his debate prep to work on the financial mess that is facing our economy? He is a joke! McCain says Country First and, obviously, means it. BHO postures and does what his handlers tell him to do. He is not ready – he is a poser!!!

    September 24, 2008 10:12 pm at 10:12 pm |
  22. Greg Turner

    I understand that the money is needed to "jumpstart" investor confidence, but that money is going right back into the pockets of the lames that screwed up the first time. The taxpayer will ultimately get screwed by this while Bush and McCain's buddies get rich and laugh at us again. This is madness. His last attempt to pad his partners pockets huh? President Bush is the ultimate hustler

    September 24, 2008 10:12 pm at 10:12 pm |
  23. Randolph

    If this was boxing McCain is doing what you would call clenching. He's trying to avoid the knockout blow that Obama would deliver during a debate if the economy was discussed.

    September 24, 2008 10:12 pm at 10:12 pm |
  24. J in Canada

    Why ? So Bush can pick Obamas brain?

    September 24, 2008 10:12 pm at 10:12 pm |
  25. Becky

    Okay this is what I am dreaming of, he is going to tell MC CAin we have ruined this country let us let Obama take over now, we can't wait until the Elections, it will be worse.. then after that there will be celebration all over the country and the world, I am takind the day off too!! to get ready!!

    September 24, 2008 10:13 pm at 10:13 pm |
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