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

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

,
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. Keith S

    McCain refusing to debate unless a deal is reached sounds like pushing congress to do what Wall St wants, without thinking about what the country wants, without examining alternatives.

    "Wall St First"

    September 24, 2008 11:56 pm at 11:56 pm |
  2. Mr. Johnson to you

    I can't believe it, McBush would rather wait till there is a crisis then to try an hit it head on 6 months ago. As you can see, McCain is under Bush coat jacket. This time they want Obama with all his "no called" experience. Why not Palin who claims she has more!

    September 24, 2008 11:57 pm at 11:57 pm |
  3. yappy

    what a ploy.. how could anyone vote for this guy ! Il live in Alaska and let me tell you, there are alot of folks that are now questioning Palin. This whole thing is starting to give me the creeps.....

    September 24, 2008 11:57 pm at 11:57 pm |
  4. sharon, nc

    Where's the lipstick?!! Sounds like there's going to be smears!

    September 24, 2008 11:58 pm at 11:58 pm |
  5. Chris

    It's sad that Bush is trying to pull down Obama with him and McCain on the economy.

    September 24, 2008 11:58 pm at 11:58 pm |
  6. Amy

    If it looks like a Rat, smells like a Rat, then it's probably a RAT!! The republicans are up to NO GOOD!! McCain said he wanted to postpone the debate on Friday. NOW, Bush wants to meet with McCain and Obama on Thursday....They are soooo trying to stall and it's so transparent. They are probably even trying to get Obama in the room and double team him and try to find something to use against him before the debate because they have Nothing! Where is Palin..I'm guessing she's trying to cram and has a tutor for Politics 101.

    September 24, 2008 11:58 pm at 11:58 pm |
  7. JohnDoe

    SOMEHOW THE ECONOMY WILL BE FIXED IN ONE WEEK.

    $700 BILLION BLANK CHECK WILL LOWER THE VALUE OF THE DOLLAR.

    WHY NOT ASKED FOR $1O TRILLION AND MY SOUL?

    WANT TO TAKE MY SOUL TOO?

    A MONKEY IS SMARTER THAN GEORGE BUSH

    GEORGE BUSH WANTS TO TRANSFER HIS PROBLEM OVER TO THE NEXT PRESIDENT SO HE WON"T HAVE TOO FACE ANY CONSEQUENCE BECAUSE HE WON'T BE PRESIDENT AFTER JANUARY 2009.

    September 24, 2008 11:58 pm at 11:58 pm |
  8. Barbara

    We won't get fooled again Mr. Bush ! Mr. McCain !
    Go Obama show up at the debate this friday
    and to be sworn in as president Jan. 20,'09

    September 24, 2008 11:59 pm at 11:59 pm |
  9. inuk of the north

    This is the closest Barry Obama will ever come to seeing the oval office.

    That place is reserved for GWB, John McCain and then HRC in 2012.

    September 25, 2008 12:00 am at 12:00 am |
  10. Jorge

    McCain has, once again, shown himself to be a grandstander. Obama's leadership style is to work quietly to build consensus and cooperation.

    September 25, 2008 12:02 am at 12:02 am |
  11. peggyledbetter

    I say NO BAIL OUT!!!!! If the people who are struggling to pay their mortgage and losing jobs don't get bailed out the hell with Washington!

    September 25, 2008 12:02 am at 12:02 am |
  12. Dixie

    It seems to me like McCain has set up a very nice political blunder for himself - what else can you do when you get behind in the polls and have an animal killer for your vice presidential choice, a woman whose obvious lack of experience definitely shows–the American people can't be that naive, or can they??? It's quite curious to see unfold. The meeting between those three should be something else for the history books! Go Obama - do your thing! You will shine.

    September 25, 2008 12:04 am at 12:04 am |
  13. Frank

    Honestly, it seems to me that they've all put forward similar platforms for correcting the existing bill. They all support independent oversight, benefits for the taxpayers and the fact that a bailout is necessary. So what are they going to talk about? How to get it done, I suppose. Good for them. It should take an hour or two, not really the kind of thing that requires a halt to campaigning.
    And to those who say a bailout isn't necessary, or that the failed banks and corporations that stand to be saved by it don't deserve the help of the American taxpayers in return for their greed and blundering- keep in mind that if these banks don't acquire the necessary capital to stay afloat, there will be a fire-sale on all endangered corporations, banks, and firms resulting an epic collapse of the stock market, retirement funds will disappear, those who most of their money in stocks will have nothing and we will be in economic turmoil worse than the Great Depression. The situation is not going to fix itself, a boulder doesn't roll down a hill towards a cliff and then stop because it feels it would be better off not falling off of the cliff.
    Republicans, and I guess I only have John McCain and George Bush to truly reference, love to talk about how greed is the main culprit behind this economic disaster. However, the policies that they favor do nothing to prevent greedy actions. In fact, deregulation allows greedy people to do exactly what they want, without being checked. Republicans blaming greed and then supporting deregulation are essentially saying "Human nature is to blame for this. But we don't want to have policies that take human nature into account." Tell me that's not ridiculous.

    September 25, 2008 12:04 am at 12:04 am |
  14. Mortimer

    Wait a second. Hold the phones. Stop the press...

    I could have sworn a month ago "W" was calling this a "rough patch" and a "slow down" and now it's so bad he has to call both of the "wanna be's" to help out...

    Wow just wow. This president never ceases to amaze me with his incompetence. Well I wont be voting for the 'wanna be' that's just like him.

    September 25, 2008 12:06 am at 12:06 am |
  15. C W

    It's a no-brainer: The debate Friday should go on.

    If McSame were Prez and Putin pulled something, would McSame say, "Hey, Vlad, can you hold a minute? I've got some domestic stuff to deal with and, well, you know me, can't walk and chew gum at the same time without tripping!"

    McSame has not only a HUGE ego, but thinks the American people are so stupid they won't see through this stunt.

    Give me a break!

    September 25, 2008 12:06 am at 12:06 am |
  16. Bryan

    So this ploy of the McCain Campaign is to pull Obama off the campaign trail, yet his great economic ideas are still seen as needed by most of you. You give Obama credit for economic experience, but in the same breath insinuate that he is not smart enough to see though the ruse.

    Which is it? Is he ready to lead or not. Someone ready to lead should know when they are being played. Apparently many of you are victims of your own venom.

    September 25, 2008 12:06 am at 12:06 am |
  17. Dave

    As an undecided independent I think it is important for the two men who would be president to be involved in the real debate this week. The bipartisan negotiation about how to help the economy, which hopefully will also consult the constitution. This will become law people. This will use our hard earned money to hopefully stabilize the economy. All the machinations, and slamming on candidates will not help. John McCain was definitely right on one thing. This is the most important thing he could be doing this week. The debates can be rescheduled, and no this is not putting democracy on hold for a photo op, this is having these two men earn their paycheck.

    September 25, 2008 12:07 am at 12:07 am |
  18. Jaison Biagini

    this is beyond funny.
    mccain baited, obama said go fish.
    so now mccain runs to his buddy george to make obama play.
    then we have palin's stepford moments today. on 2 occasions with katie c. she fumbled.
    1. when asked about rick davis, then asked a follow-up she said the exact same thing almost word for word.
    2. when asked had mccain pushed for regulations other times than in 2005, which weren't ever voted on. 1st she said that one was so important. katie says, but what else? oh john is a maverick. katie says, but can you name one other example in 26 years? well, i'll have to get back to ya.

    good god!!!! these 2 could be in charge??? i smell armaggedon if they get elected!!

    September 25, 2008 12:07 am at 12:07 am |
  19. Bobby

    While all three all there, McCain should endose Obama and Bush should hand the keys over to Obama.

    September 25, 2008 12:07 am at 12:07 am |
  20. TIRED OF THE GOP

    He did not even go to washington... Spending the night in NYC. Oh boy what a crock. I say enough is enought with these guys.... KICK THEM OUT! LET'S NOT FORGET WHO GOT US INTO THIS MESS.

    September 25, 2008 12:08 am at 12:08 am |
  21. Greg Greenman

    It's funny that Bush would call them two. What about the heads of each party. Why not them? Kind of fishy.

    September 25, 2008 12:09 am at 12:09 am |
  22. Billie Johnson

    REPUBLICAN VS DEMOCRATS

    GO DEMOCRATS HAVE DEFEATED THE SORRY REPUBLICIAN

    MR> OBAMA DON'T FALL FOR McCAIN GAME GO FOR THE DEBATE
    McCAIN TRYING TO THROUGH OBAMA OFF. GO ON MR. OBAMA STAND TALL AND DO THE DEBATE. THE SCORE IS OBAMA 100
    McCAIN 0. Mc CAIN HAVE SAID ALL THE BAD THING ABOUT OBAMA
    AND CAN"T LOOK OBAMA EYE TO EYE, YOU HAVE TO SHAME THE DEVIL AND REBUTE THE DEVIL IN THE NAME OF JESUS.

    September 25, 2008 12:09 am at 12:09 am |
  23. 12345678

    When will a coach ask for time-out? – when his team is not playing well. That what Bush and MaCain are doing. The problem that I have is: who is the coach – Bush or MaCain?

    September 25, 2008 12:10 am at 12:10 am |
  24. Sarah Bowen

    For all you folks that are bashing Obama..Unlike John McCain, Obama was in contact with Pelosi, Reed, and Paulson on a daily basis. Obama unerstands that you don't have to grandstand to make progess and that you can muti-task. The folks working on the deal said John McCain didn't even try to engage until after he announced that he was suspending his campaign. Wake up people... he has gone from saying the ecomony is strong to this. John McCain did not even go to Washington he gave and interview to Katie Curic and he will not be in Washington until tomorrow. Both canidates have planes and can fly when they like. There is no reason to cancel a 2 hour debate for this. Neither McCain or Obama are party leaders like the Speaker of the House, Majority or Minority Leader or even committee members. Please wake up they create these situations to get you to vote for them.. Don't fall for it. By the way, Obama called McCain to discuss the situation to first! That's leadership.. And we need to know how they would both handle to situation when they are President and no that can't wait because we only have 40 days and early voting has already started. Wake up..you are a pawn in a game and Bush is on McCain's side..................................

    September 25, 2008 12:11 am at 12:11 am |
  25. michael

    So THATS why you didn't need to bother to prepare properly for the debate! Well played! I liked you before you got hijacked. I thought it was amazing the republicans finally chose you, of all of them. Now politicizing a national problem is good strategy! I'm sad because, politcally that was a good move. Puts a least a temporary cap of the shilacking you've taken the past few weeks.
    But you're bringing a presidential campaign into it puts the rest of us at risk.

    September 25, 2008 12:11 am at 12:11 am |
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39