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. Imbecil in the White House

    What a waste of time. Another photo op, but it's not going to work Johnny 'Me Too' McCain. Your face showed fear today.
    Is it because John McCain headed the commerce committee that de-regulated markets for years until the 'anything goes' mentality finally brought down this country ?

    September 24, 2008 10:48 pm at 10:48 pm |
  2. Obama America

    why is that you guys, the CNN people never post my coments. what am I? A nobody? You guys suck. The only reason I watch you guys is bec you have some hot girls working there.

    September 24, 2008 10:48 pm at 10:48 pm |
  3. Mikey

    That was supposed to be "a subject he knows almost nothing about"

    What happened to taunting Obama to hold a series of debates? When it came down to the real thing, McCain blinked.

    Thursday 9/25 – Meetings with Bush and Congress
    Friday 9/26 – Presidential debate
    Thursday 10/2 – VP debate

    What's the problem? The election will be held 11/4, rain or shine.

    How long can they continue to hide Palin and still expect to come close in the election?

    September 24, 2008 10:48 pm at 10:48 pm |
  4. Marie in NV

    At least both Bush and McCain suggested something....instead of vote "present". The Dems had 2 years to suggest something and what did we get? Oh yeah, Obama and Biden voted to keep the road to nowhere, and voted NOT to redistribute those funds to New Orleans....besides getting in the top 5 of contributions from Fannie and Freddie Mac....and, oh yes, write 2 memoirs and vote "present". They never once crossed party lines and never will – at least McCain has and will have dems on his cabinet – a LOT MORE than Nobama can say!.

    September 24, 2008 10:49 pm at 10:49 pm |
  5. Bernie

    McCain and the "Zig-Zag Express" are heading to 'Warshington' ta "shake things up" LMAO!

    September 24, 2008 10:49 pm at 10:49 pm |
  6. Erin in Oregon

    LOL Karl Rove i mean.. McCain is really trying to pull the wool over the eyes of the American people. To bad most of the American people have more education then he and can see right through this failed attempt to delay the fall of his campaign.

    Obama just got another 100 bucks from me!

    September 24, 2008 10:49 pm at 10:49 pm |
  7. VP - North Carolina

    Funny how the economy was fundamentally strong per McCain just a week ago and now OMG I have to go to Washington to save the day. Insane political stunt!! I guess McCain's wife's investments must have lost some $$ over the past few days. McCain did you really think that a deal would be struck in a few days when there is $700 billion dollars at stake and no one has details on the who, what, when and how much? What a crock!!!!! Negotiations take time. We won't believe anything coming out of Washington anyway so... let the debate GO ON as scheduled on Friday. Planes do fly on weekends and you could be back in Washington first thing Saturday morning since you feel so inclined to now participate in the negotiations. HA!

    NO BAIL OUT just let the chips fall....

    Also there is no need to postpone the VP debate on 10/2!

    September 24, 2008 10:50 pm at 10:50 pm |
  8. eunice c -- trenton new jersey

    senator mccain think he's slick there is nothing they can do about this crisis that america is in mccain know nothing about the economy so what kind of advice he will have to offer to solve this problem - debate or no debate senator obama still have my vote - I BET MCCAIN PLAN THE POSTPONEMENT OF THE DEBATE BECAUSE HE KNOWS NOTHING ABOUT THE ECONOMY!!!!!! slick.slick mccain and bush I GUSESS THEY THINK THE AMERICAN PEOPLE ARE STUPID....... MCCAIN MCCAIN 9 HOUSES AND 13 CARS and i work two (2) jobs

    September 24, 2008 10:50 pm at 10:50 pm |
  9. Gloria

    Why does anyone in the country trust Bush and his motives in the bailout of his cronies and supporters on Wall Street?

    Why?

    He's lied about everything, and we've become a Stepford Nation of sheep. Why? The whole "I'm a patriot, he's a patriot" cheesy, insincere "message" from Bush was intended to silence us into submission for fear of being accused of not loving our country.

    Obama's the only candidate who has been speaking truths for the first time in years –so no coincidence the facade of these last 7 years has come crashing down.

    I for one, was scared after 9/11 when two reporters were fired for criticizing Bush. Once the Constitution was threatened and no one squacked, we the people sat idly by and were entertained by Shock and Awe on national TV–as a city filled with children was bombed, Rumsfeld bragged. And we the people, never objected. Now there's a bailout proposal by Bush and he's once again scaring we the people into submission....let the economy blow up–otherwise we'll further be controlled by fear-and that's downright un-American.

    September 24, 2008 10:51 pm at 10:51 pm |
  10. Katie S

    Obama watch your back! The Bush and McCain snakes are more slippery than you think! Help them straighten this thing out; and get the heck on to the Debate!

    September 24, 2008 10:51 pm at 10:51 pm |
  11. Jackie From Michigan

    If they postpone the debate and reschedule it like McCain wants on the date of the vp debate will the vp debate be rescheduled or just cancel it all together? McCain wants the presidential debate to take place at a later date on the vp debate date so what really happens? Is it a ploy to give palin more time? Or not debate at all?

    September 24, 2008 10:51 pm at 10:51 pm |
  12. gregory james

    he may but i would not my self to late rep this is a joke.....

    September 24, 2008 10:51 pm at 10:51 pm |
  13. Marcello

    the first time Bush is doing something right
    which is take in consideration opinions from other leaders

    September 24, 2008 10:51 pm at 10:51 pm |
  14. Gary in Portsmouth, VA

    Bush, his advisors and the other 98 senators need to get busy. McCain and Obama are running for POTUS. I really don't think these two will make a huge difference in the decision. If there that much in a pickel about this just ask for only 100 billion for the first month of this crisis and trickle more in as needed. 700billion is a big pill to swallow. They dumb alot of money in the economy america and foreign allieds who use american money. The market has stabled. Do it nice and easy and not so sparatic. We will be fine. Obama or McCain will pick there own course right or wrong Jan.20th, 2009.

    September 24, 2008 10:51 pm at 10:51 pm |
  15. nonya

    CNN HAS ALREADY ELECTED OBAMA FOR PRESIDENT LONG BEFORE THIS HAD REALLY BEGAN, IT IS AS PLAIN AS THE NOSE ON THEIR FACE. NOT VERY SUBTLE! I AM NOT SURE WHEN JOURNALISM TOOK THE TURN FROM TELLING THE NEWS AS IT SHOULD BE TO A BASHING GOSSIP COLUMN!! I ACTUALLY HAVE VOTED DEMOCRATIC FOR THE LAST 35 YEARS, BUT YOU CAN BET I SURE WILL NOT BE VOTING THAT WAY NOW. THANKS CNN FOR HELPING ME SEE THE LIGHT OF JUST HOW DEMOCRATS CAN ACT!!!!!

    September 24, 2008 10:52 pm at 10:52 pm |
  16. Jacqueline Noguera

    The Grand Old Party has become a grand old farce. McCain will indeed be more of the same. There is no way to spin failure. Let the debates begin!

    September 24, 2008 10:52 pm at 10:52 pm |
  17. cecil

    For Gayle; Your Weren't Listening!

    Sen. McCain Continues To Showed Very Poor Judgement In This Major Issue.

    He's Looking For Polling Points, It's Not Going To Work!

    September 24, 2008 10:52 pm at 10:52 pm |
  18. NC

    McCain didnt go back to Washington,he cancelled Letterman show and Letterman saw him in the same theater giving an interview with someone else,he said he was going back to Washington tomorrow after Letterman caught him,what a big lier he knew he wasnt ready for the debate so he made this an excuse.It wont work John and Bush know it ,you got caught see you in old Miss on Friday

    September 24, 2008 10:53 pm at 10:53 pm |
  19. Larry

    You are Predidential candidates that owe the country a debate, so go and DEBATE. Get Haliburton to cough up the 700 bill and get on with the debate.It is ludicrious to think McCain who thinks the economy is fundementally strong a week ago can now stop the campaign while he is diving and rush off to hide in Washington and fix America.This should go down as the last straw for anyone that thinks this fool could do anything as President.If he was so concerned he would not have been out on the trail lying to Americans about how good the economy is.For him to just now learn how bad the economy is and think he is going to be a hero is a joke.This should be everyones clue as to why you don't want another fours years of stupid.

    September 24, 2008 10:54 pm at 10:54 pm |
  20. NC

    McCain didnt go back to Washington,he cancelled Letterman show and Letterman saw him in the same theater giving an interview with someone else,he said he was going back to Washington tomorrow after Letterman caught him,what a big lier

    September 24, 2008 10:55 pm at 10:55 pm |
  21. dr j kothary,

    scariest man ( BUSH ) tries to scare us like he did with the WMD !!

    don'y buy it....no bail for Main st = no bail for Wall st....stick with it
    Democrates / Obama......let the greedy boys pay the price.

    What will the banks do with millions of homes...sell them @ half price
    or buy one get one free !!! They will also finance at below prevailing
    rates....don't give in !!

    September 24, 2008 10:55 pm at 10:55 pm |
  22. fixthebroken

    Gayle,

    It is sad that you don't see the political ploy that McCain is playing here. But, that's ok, I have faith in the rest of the American Electorate that they will see this as the ploy. Obama's press conference today showed perfect leadership, period!

    And, now since the President asked Obama to come to a meeting, he will come. You don't turn down the President, even if it is George W. Bush.

    I hope you will see the light someday, Gayle!

    Good luck.

    September 24, 2008 10:55 pm at 10:55 pm |
  23. Democrat supporter.

    Come on Bush, I need you to help me get Barack to come to Washintong. You owe me big time. You cost me the presidency the first time I ran. Don't do this to me again. You owe me dammit.

    September 24, 2008 10:55 pm at 10:55 pm |
  24. Jacob

    Gosh, some people are so bitter! Hard to believe nobody has left any comment of substance here.

    September 24, 2008 10:55 pm at 10:55 pm |
  25. Tired of Media

    President Bush has did it his way for eight years.

    *Threat is in Iraq – Right.
    *Russia must be stopped – Right
    *Katrina not so important – Right
    *We will act w/o corporation from our allies and strike whoever we want to strike – Right

    This sideshow that Americans have to go through is unnecessary, unethical, and immoral. A sitting President never gets involved with the upcoming election – and Bush has injected himself into this race on numerous occasions.

    But – he mustered enough votes to be put in office twice and look what that got us – and we are going to put in his successor?!

    September 24, 2008 10:55 pm at 10:55 pm |
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