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. cinthia

    Since Mccain is running away from the campaign on Friday, they should have the debate in Washington, D.C so he does not have any excuse not to be there.

    September 24, 2008 10:19 pm at 10:19 pm |
  2. Frank from Peterborough

    Why have McCain attend he himself says he doesn't know anything about the economy except that regulations aren't needed.

    It is possible McCain is afraid of the debate as it is obvious to everyone his mind has been steadily going downhill or it might have been a master plan to keep Sara from having to debate Biden.

    In either case if the American people buy into McCain's ploy then there just isn't much hope for recovery either domestically or internationally.

    September 24, 2008 10:19 pm at 10:19 pm |
  3. ltd1974

    if want to bail out? Rich people will get benfit by taxpaper

    September 24, 2008 10:19 pm at 10:19 pm |
  4. David

    Now McCain has to figure out how to drag this meeting out until Friday evening, so he can postpone the debate and try to get Palin off the hook for a debate altogether.

    September 24, 2008 10:19 pm at 10:19 pm |
  5. Ross in MD

    McCain knows neither he nor Sarah Palin are any match for their Democratic counterparts.

    Two idiots who haven't a clue what's going on.

    September 24, 2008 10:19 pm at 10:19 pm |
  6. georgia

    McCain =a true illusionist ,lying coward

    September 24, 2008 10:20 pm at 10:20 pm |
  7. byrd

    this is bullcrap...the only reason why they are asking obamah to come is because if this 700 billion bailout does not work they can share the blame with obamah/that means advantage mccain....if it does work then they can say mccain came to be a leader in this decision go back to campaining after that and then say he took leadership and they had to egg obamah to participate...again advantage mccain...also this would give him time to delay the debates for not only mccain but his puppet vp pick as welll.....cmon how stupid do u think americans are....if you go through all the bs, I am sure most people can see this ploy...2 days before the debate after the poles???if mccan is country first then why cant he do this and also do the debate at the same time...or annonce this b4 his poles drop????not a stupid american still voting for obamah

    September 24, 2008 10:20 pm at 10:20 pm |
  8. Bob Whitford

    After seeing McCain's response to the economic situation, I have to a conclusion that he is totally unfit to serve as President. He appears to vacillate between fear and ignorance.

    I have not been convinced by Obama, but his statements were well thought out and calm, one could Presidential in stature.

    I find now I am not sure if I will vote for Barr or Obama.

    But John McCain is gone from any possible consideration for me now.

    September 24, 2008 10:20 pm at 10:20 pm |
  9. ltd1974

    dont put moderating cnn .. post this cnn

    Your comment is awaiting moderation.
    if want to bail out? Rich people will get benfit by taxpaper

    September 24, 2008 10:20 pm at 10:20 pm |
  10. adam

    abby keep diggin, just like bush.

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

    Good move on everyones part!!!

    September 24, 2008 10:21 pm at 10:21 pm |
  12. S. Holt

    How considerate of Pres. Bush to ask for Senator Obama's input. However, he better be in Miss. on Friday for that debate, with or without Senator McCain to ramble on.

    September 24, 2008 10:21 pm at 10:21 pm |
  13. Rob

    McCain is a joke – you can't suspend the presidency when there is a crisis or 2! this is leadership? where was Bush last week... this whole deal smells like a set up!

    September 24, 2008 10:21 pm at 10:21 pm |
  14. JeanJean

    Obama just doesn't get it. It's not about "multi-tasking". Learn to go a step further, it is about "prioritizing".

    September 24, 2008 10:21 pm at 10:21 pm |
  15. obama fan

    I think the same way. Why should Obama and McCain have to be there to give their vote there are 98 other people going to do that. The repubs are just trying to grasp at straws for someway to get Obama to get behind at the poles. It's not going to happen. America wants a debate and we better get one!! I am so sick of McCain I can not wait for this mess to be over with. Everyone needs to vote for Obama and put a real man and a sane man in office. We have a crazy man in there now and do not need another!! GO OBAMA!!!!!!

    September 24, 2008 10:21 pm at 10:21 pm |
  16. dp in wa

    I think this is very essential. It shows the people that both parties are serious about getting us out of this mess. We need to put politics aside until this is figured out. I do think the debate should still go on for Friday, and Palin should not be allowed to postpone her debate either. However, putting campaigns aside is the best thing for the country and should be recognized by all.

    September 24, 2008 10:21 pm at 10:21 pm |
  17. Vin

    Obama should be thankful that he was spared more humiliation in the debates. He's so upset that he's been studying all those canned responses & by the time this is all done he'll have forgotten everything & have to study all over again. Liberals, put away your ignorant blinding hatred for a moment and think (if it's possible for you to do so). We have a national crisis that needs immediate attention, the debate filled with more obama stuttering & stammering can wait a few more days.

    September 24, 2008 10:21 pm at 10:21 pm |
  18. Mike Wolfe

    McCain and Obama should have met with Bush and Paulson before the bail out plan was proposed to Congress. After all, one of them is going to have to live with the fall out of the plan, George W's reputation is already destroyed.
    McCain and Obama are the ones who have to sell the plan, not Bush.

    September 24, 2008 10:21 pm at 10:21 pm |
  19. nona

    Abby

    this a real crisis we're in and somehow that "real" leader is a very part of this mess, to be exact, 90% part.

    September 24, 2008 10:21 pm at 10:21 pm |
  20. Steve California

    I've been looking into the current "do nothing congress", as they have been labeled. What the average Joe doesn't understand is that in the senate, the republicans are forcing a "60-vote requirement" on anything that challenges the bush administration. So, if there are 51 votes on the democrats side, it's not possible for the democrats to do anything while the republicans filibuster all efforts for change. So, if you want to say the senate is a do-nothing senate, you now know who to blame ... the republicans. This year, make the right choice and vote for change. Vote democrat!

    September 24, 2008 10:21 pm at 10:21 pm |
  21. Gail in SC

    We have seen this movie before with the Iraq war. Act in haste, repent in leisure. We are being jacked! Don't get fooled again America! Make sure we get the safe guards and do this in installments and make sure that no CEO of these failed companies get a dime. George Bush could tell me the sky was blue and I would look outside to check for myself. He has lied so much in his terms as President that the whole time he is speaking that's all I am thinking about. I trust Sen. Obama to do what is right and I will never trust a Republican to lead us out of this mess that they have gotten us into.

    September 24, 2008 10:21 pm at 10:21 pm |
  22. Doesn't Matter

    This is the message I want to get out to congress! Please don't bail out wall street without having an oversight committee and holding those at the top accountable. Also don't bail out the CEO's and do everything within your power not to allow something like this to happen again. My mother will retire in two years and it is possible that she won't have enough money in her 401k to live because of the current state of the stock markets. This is unfair when she has worked hard her entire life, served her community and her family. She also has poor health so finances are that much more important. Having grown up in a single parent home, we were never on welfare. She has paid her debt to soiciety and now it is time for society to show that it cares about her. Obama provides the leadership to take this country in a different direction, not McCain!

    September 24, 2008 10:21 pm at 10:21 pm |
  23. Dan, TX

    Abby, McCain doesn't seem like a good leader to me. He said last week the fundamentals of the economy were solid, now he thinks the sky is falling. The man has no sense of perspective. He's been a government employee his whole life, nothing wrong with that, but he doesn't understand the economy when people are losing their jobs. At least Obama talked to those people every day for a few years as a community organizer, you know, those folks republicans like to make fun of. People who care about other people – yeah, those losers who want to help other people.

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

    Obama has no idea what to do, he just wants to issue statements....WEAK!!!! He wouldn't even know where to begin when he got back to DC...he would be lost. McCain would immediately start calling a lot of people he knows who can get the job done both Dems and Republicans.

    September 24, 2008 10:21 pm at 10:21 pm |
  25. chuck

    Bush and McCain both blame the home owners for the problem, when they should be blaming the predatory lending practices.

    Bush and McCain will try to pressure Obama into accepting a plan that benefits Wall Street and robs the taxpayer.

    This is all very reminiscent of the McCain's Keating 5 scandal, as well as the run up to the Iraq war.

    Bush and McCain, the party of fear and lies.

    September 24, 2008 10:21 pm at 10:21 pm |
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