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

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


[cnn-photo-caption image= caption="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. annette

    President Bush is the current sitting president, Not Obama or McCain. We need to see leadership from the setting president. Our constitutional law provides for one president every 4 years, not 3 or 4??

    This speech to the American people was long over due by the President. Although, we all want Obama and McCain to show how they can lead, the President needs to speak to the American people and explain what happen. I commend Sen. Obama for remaining calm, firm, clear and respectful fo the setting president. As much as I feel so upset about this situation our government allow to happen. President Bush finally did something worth while, but maybe to late.

    September 24, 2008 09:09 pm at 9:09 pm |
  2. Independent Voter

    Who gives a flip what Bush thinks!

    September 24, 2008 09:10 pm at 9:10 pm |
  3. linda from South Dakota

    so the two one them>> obaba/biden 08 and beyond

    September 24, 2008 09:11 pm at 9:11 pm |
  4. kris in RM,CA

    After listening to the President I vote NO on the bailout. Let the chips fall where they may. The American voter and taxpayer should not bail out the economy.
    It is a stupid,unwise,costly and foolish for the American taxpayer to accept. Find another way.
    The answer is NO

    September 24, 2008 09:11 pm at 9:11 pm |
  5. So McCain

    Has time to meet with Bushie but doesnt have time to debate.......... Something smells fishy.....

    But on a lighter note, I am glad that Obama will meet with the "President". It will show him what a real leader looks like.

    September 24, 2008 09:11 pm at 9:11 pm |
  6. box101

    I hope they let the cameras and audio into this meeting because Bush and McCain are idea thieves. McCain flip flops so much and has staked claim to so many of Senator Obama's ideas – it can be distracting. We really need the media at this event to keep it honest.

    September 24, 2008 09:12 pm at 9:12 pm |
  7. Palin being prostituted by McCain

    Bush invited Obama on behalf of McCain to help his campaign. Obama would not refuse President Bush out of respect. This was all set up. Bush and McCain continue to work together. First McCain says he will call Bush to have him set up a meeting. He did just that and I hate that Obama accepted, but I understand....what else could he do?

    September 24, 2008 09:12 pm at 9:12 pm |
  8. Scott L

    Obama looks terrible in all of this!!!

    September 24, 2008 09:12 pm at 9:12 pm |
  9. Ann

    Please put Biden in a safe place, and Hillary Clinton too.

    September 24, 2008 09:13 pm at 9:13 pm |
  10. Tommy


    September 24, 2008 09:13 pm at 9:13 pm |
  11. Donna from Colorado Springs

    So, his royal highness George W, Bush summons and the peons have to respond by attending his meeting! What bull! He's the one who contributed the most to this crisis by looking the other way for 8 years, and now, we must blindly obey his command to attend. They had better get this thing settled quickly, and McCainHAD BETTER NOT TAKE CREDIT FOR ANY RESOLUTION TO THIS PROBLEM!

    September 24, 2008 09:13 pm at 9:13 pm |
  12. alvino

    John McCain lied to Letterman about going back to Washington to deal with the financial crisis. Instead he was in an interview with Katie Couric. It appears that Johnny has once again put his campaign first over what is best for America. I hope Letterman lets his viewers know what the Panamanian Prevaricator is up to. Let's not let John get away with this deception.

    September 24, 2008 09:13 pm at 9:13 pm |
  13. Reality Check

    Obama may have stepped into a trap here.

    He refused to suspend campaigning until the bi-partisan congressional effort is completed.

    He refused to go to Washington with his opponent in a non-partisan role.

    He refused to postpone the debate.

    He already has changed his mind and is going to Washington to attempt to help fix things.

    If the attempt fails he will share the blame.

    If it succeeds he will have had less time to prepare for a debate in his area of least experience.

    If it fails and he flys off to a debate, and his opponent stays and works on the problem, he will look bad.

    If he changes his mind he will look like a poor decision maker in a crisis.

    Looks like OBAMA put himself in a NO WIN sitiuation by refusing to suspend campaigning.

    The people will be the real losers because an EXPENSIVE BAIL OUT PLAN – WITH ALL THE RISK ON THE TAXPAYER – will be rushed through congress so the politicians can get back to the political campaign.

    September 24, 2008 09:13 pm at 9:13 pm |
  14. me

    Obama was overspending on his run. Maybe it is time to spend the money for real need.

    September 24, 2008 09:13 pm at 9:13 pm |
  15. bitter repubican eager for change

    Finally President Bush has recognize Obama's Idea is the one the country needs. mcsame wants to continue the same old policy that even bush is distancing himself from now. wake America, mccain is the wrong chioce now america desperately need a good leader. Obama will deliver

    September 24, 2008 09:13 pm at 9:13 pm |
  16. Chipster

    The President recommends $1 trillion in corporate welfare – but then, this is the same jerk who recommended invading Iraq. No! No! No! Tell AIG to do the same thing mortgage holders must do – refinance! Alan Sloan recommended today that the fed should lend them the money at the discount rate of 2%. After all, aren't these the same guys who preach to us to let the market adjust?

    Bush and his fan club actually believe this incompetent President and his minions will be treated kindly by history. They must be smoking something good. It will take decades to clean up the mess and recover from the last 7 years.

    September 24, 2008 09:14 pm at 9:14 pm |
  17. aware


    Europe tried socialism with a far left-wing approach, and it didn't work! They are now conservative in their approach. America doesn't need to follow their two step dance! 🙁

    Europe is also for appeasement because they don't have the will to lead!

    Barack Obama is an appeasing, socialist follower not a leader!

    Vote for McCain/Palin 08! They have the courage and the integrity to lead in authentic reform! 🙂

    September 24, 2008 09:14 pm at 9:14 pm |
  18. Kara

    Now Obama can't vote present. He has to actually make a decision on something. Instead of mulling it over and over and over. He's been forced to play with the big boys.

    September 24, 2008 09:15 pm at 9:15 pm |
  19. Republican Trickster

    When McCain couldn't force his plan to 'suspend' the campaign, he called on Bush to 'invite' Obama to Washington. It is amazing the lengths that Republicans will go to trick the public that they care about anything or anyone other than themselves!!!! Bu ll Sh it

    September 24, 2008 09:15 pm at 9:15 pm |
  20. The Constitution

    I hope one of the two will explain to President Bush that Section 8 of the proposed bill is unconstitutional.

    In case you don't know what section 8 states, here it is:

    "Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."

    This gives unprecedented power to the Executive Branch. No Checks and balances...

    ...All hail King Harry.

    September 24, 2008 09:15 pm at 9:15 pm |
  21. Richard

    President Bush just delivered an outstanding address. He may not be one of the "great ones", but I fully support and admire President George W. Bush.

    September 24, 2008 09:15 pm at 9:15 pm |
  22. 45 yo white female democrat for McCain

    Poor Obama. crying because he thinks getting his mug on television is more important than a national financial disaster. Someone please tell the crybaby that we already know what he looks like and it ain't pretty.

    September 24, 2008 09:16 pm at 9:16 pm |
  23. Firefly

    Is this an am-Bush??? A senator can't very well say no to the President...keep them tied up in the White House with "bail-out" talk and McCain gets bailed out of a debate...

    and his little dog Palin too...

    September 24, 2008 09:16 pm at 9:16 pm |
  24. NoMccain

    You wanted a big event in order to pull us all into war? You got it.
    We ALL knew Bush was going to pull something by the end of his term. This was it. Bush is rolling the dice with his cronies, and putting all of our lives into jeopardy if we do not fight in his war. Thanks Bush... you've killed us all.

    September 24, 2008 09:17 pm at 9:17 pm |
  25. dunny

    Bush is trying to help his buddy change the subject

    September 24, 2008 09:17 pm at 9:17 pm |
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