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

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

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[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/24/art.bushwave0924.ap.jpg 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. annie - former democrat

    obumer will be there as soon as he packs his teleprompter.

    September 24, 2008 09:17 pm at 9:17 pm |
  2. Steph

    Just like always, McCain was one step ahead of Obama on executing the obvious... it's a shame that Bush had to compel NObama to get engaged. Obama does not lead, but he's a pretty good follower!

    September 24, 2008 09:17 pm at 9:17 pm |
  3. Barney

    His legacy is below bottom at this point – he needs all the help he can get – ha ha ha ha ha

    September 24, 2008 09:17 pm at 9:17 pm |
  4. Moon Maiden from Lake Michigan

    GOOD, AS LONG AS WE CAN STILL HAVE THE DEBATES ON FRIDAY OR IS THIS ONE OF BUSHIE'S PLAN TO DIVERT THE DEBATES AS A FAVOR TO MC LAME.

    September 24, 2008 09:18 pm at 9:18 pm |
  5. Nancy

    Bush will do what he can to stop Friday evening's debate. Summoning both candidates to the White House suddenly, in a public speech. Interesting. Wondering if the real crisis is Obama's new 9 point lead in the polls.

    September 24, 2008 09:18 pm at 9:18 pm |
  6. FM

    N O B A I L O U T!

    B U S H I S C O R R U P T.

    B A I L O U T I S D E S I G N E D T O S A V E C O R P O R A T I O N S O N L Y A N D S C R E W T H E A M E R I C A N T A X P A Y E R, B U S H B U S I N E S S A S U S U A L.

    September 24, 2008 09:18 pm at 9:18 pm |
  7. Bill

    It is great to see some bipartisan work. Finally!!!!!!!!!!!!!!!!!!!!!

    September 24, 2008 09:19 pm at 9:19 pm |
  8. Mickey-Texas

    Obama will be there McCain is going to say he stubbed his toe on Palin's pump and back out!

    September 24, 2008 09:19 pm at 9:19 pm |
  9. Jerry from Oregon

    Always good to confer with your eventual successor about how to clean up the mess you made.

    September 24, 2008 09:19 pm at 9:19 pm |
  10. sam

    Way to go obama. No need for McCain to be there. One Bush at a time.

    September 24, 2008 09:19 pm at 9:19 pm |
  11. Barney

    Lay it on, Bush – our man Obama can multi-task – the old gray-haired guy can only do one thing at a time, so take it easy on the old guy.

    September 24, 2008 09:19 pm at 9:19 pm |
  12. The Media is the Enemy

    BUSH HAS LIED BEFORE, WHY SHOULD I BELIEVE HIM NOW?!? HE TRIES TO LOOK SINCERE AND CONCERNED, BUT ALL I SEE IS THE BLUSTERER WHO LIED THROUGH HIS TEETH ABOUT WMD'S. WHERE WAS HE WHEN THIS WAS HAPPENING? NOW, A WEEK LATER, WHEN HIS CRONIES FAIL TO CON THE AMERICAN PEOPLE OUT OF 700BILLION HE COMES OUT OF THE WOODWORK. THEY CALL IT A BAIL OUT, I CALL IT REPUBLICAN SEVERENCE PAY!!!

    September 24, 2008 09:19 pm at 9:19 pm |
  13. Michael Ray Thompson

    What on Earth is going on with President Bush. He is the President. He's also the head of the Republican Party. Why is he meeting with Barak Obama in an election year. Is Bush really a Republican?

    September 24, 2008 09:20 pm at 9:20 pm |
  14. TKW-New Mexico

    Why would Barack want to have a meeting with this sad bunch? So they can steal his ideas and take credit for them?

    September 24, 2008 09:20 pm at 9:20 pm |
  15. Tom in Delaware

    Allright 'Bots, let's try to come together on this.

    Hurray for both of the Candidates, and the United States of America.

    September 24, 2008 09:20 pm at 9:20 pm |
  16. Kihalani

    Why did the Bush Administration allow this crisis to happen? I believe it's called neglecting your office of responsibility. This is the perfect example of neglect and lack of accountability. The President talks about responsible Americans who have paid their bills on time etc., now we have to fit the bill for his neglect–he needs to be a responsible President – he's led our economy into the ground – w/ bad decisions to go to War with Iraq–what good is he going to do in this meeting w/ the leaders. – He should just step aside and let Congress disect the bill/revise it where it would benefit the taxpayer not Wall street.

    Ask Paulsen to invest his millions to this crisis and see how quickly he responds, let's see how urgent he responds to the crisis.

    God help us...please!

    September 24, 2008 09:21 pm at 9:21 pm |
  17. Independent but Leaning

    Looks like Obama is going to go do his job after all...

    September 24, 2008 09:21 pm at 9:21 pm |
  18. conny

    buddy helping buddy!

    September 24, 2008 09:21 pm at 9:21 pm |
  19. SOUTHERN HOTTIE

    Whatever!

    September 24, 2008 09:22 pm at 9:22 pm |
  20. AH

    Excuse me, is McCain the president? Is he needed to handle the crisis, while he is only a Senator?

    September 24, 2008 09:22 pm at 9:22 pm |
  21. Bill

    Any chance we can vote NOW and kick this crowd out of Washington? We need to reboot the country.

    September 24, 2008 09:22 pm at 9:22 pm |
  22. Ben Newhouse

    What we're learning here is that free markets are not the solution to everything...

    Seriously, a bunch of free market bankers made a bunch of loans that the shouldn't. Now, they'll all go bankrupt...meaning there's noone left to give loans to legitimate businesses who want to expand. Or legitimate homeowners who want to buy a house.

    Of course, in the "long term" the free market would solve this. Some one would pop up to replace the moronic bankers who messed up...and they'd be out of luck.

    Of course, in the "long term" we're all dead. And in the "short term" the above leaves utter chaos.

    So what did we learn?

    1) Free markets are not the solution for everything.
    2) Government and regulation of select "markets" place a necessary role in smoothing out the ups and downs of long-term economics.

    September 24, 2008 09:22 pm at 9:22 pm |
  23. Another Former Republican

    I have voted republican my entire life. But this year I am ASHAMED of the Republican Ticket. Barack Obama sounds Presidential everyday. McCain comes up with stupid comments and outrageous lies everyday. And Palin is a disgrace, there is no way she should even be on the ticket. I really don't see how McCain/Palin can get a SINGLE vote. People must be out of their minds to even consider them. I can only hope that there are many, many more Republicans and Independents that can see thru their sham of a campaign.
    GO OBAMA/BIDEN

    September 24, 2008 09:22 pm at 9:22 pm |
  24. Kornbeef

    Interesting, and concerning...

    September 24, 2008 09:22 pm at 9:22 pm |
  25. al

    interesting?

    September 24, 2008 09:23 pm at 9:23 pm |
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