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. BB

    40 days left before the elections and not one debate yet and only photo ops with foreign officials for Palin. They won't let reporters speak to Palin and McCain gets edgy if you ask him questions. How stupid do they think we are? Let's not make the same mistake as in 2000 and 2004. Fool me once...

    September 24, 2008 10:26 pm at 10:26 pm |
  2. Justin from CT

    Good job McCain- a leader we need for no one.

    McCain as usual: won't be present period.

    September 24, 2008 10:26 pm at 10:26 pm |
  3. Fred

    A snake is a snake even if it is not a rattle snake. What ever comes out of this meeting will be to advance McCain. Why invite Obama?

    September 24, 2008 10:26 pm at 10:26 pm |
  4. Greg

    So, I guess that McCain charging back to Washington wasn't good enough to fix the problem huh?

    What? Did the big bad Obama call your bluff Johnny? Had to get the president to make Obama do what you wanted him to?

    So what this says to me is when things are dire in Washington...they NEED Obama there to fix things.

    Try and spin this can't...Obama shows time and time again he is better at leading than McCain ever wanted to be.

    And the debates should absolutely go on!

    September 24, 2008 10:26 pm at 10:26 pm |
  5. Informed Voter

    I want a Multi-Tasking President!!!!!!

    Obama is my man ............. not Chicken Mc Cain ...

    Let's have the Vp Debates on Friday instead

    September 24, 2008 10:26 pm at 10:26 pm |
  6. T

    Hilary wish you were there!

    September 24, 2008 10:26 pm at 10:26 pm |
  7. Pitbull without lipstick

    WHY can't McCain do the debate?? Both Obama and McCain can meet in Washington tomorrow and be back in Mississippi for Friday's debate. A president must be able to multi-task. Otherwise have the VP debates on Friday in place of the presidential debate. Come on McCain is playin around here.

    September 24, 2008 10:28 pm at 10:28 pm |
  8. Freedom Loving Patriot (God fearing too!)




    September 24, 2008 10:28 pm at 10:28 pm |
  9. Lawrence Walker

    It would be interesting to learn if McCain and Bush made any arrangements, as has been suggested, to pull Obama away from the campaign trail and possibly even the first debate. If McCain is not back on board for Friday's debate by Thursday evening, I think we're in for some very uncertain times.

    September 24, 2008 10:28 pm at 10:28 pm |
  10. PALIN can I ask you a question? Yes, after the election

    Very cheap stunt by McCain. The members who have been working continuously on this the last 5 days haven't personally heard from McCain all week but they have heard from Obama. Now he wants to participate on the roundtable.

    Has McCain ever heard of video conferencing or teleconferencing or even web conferencing. Traveling to Washington is just political postering which is what we don't need.

    This is a diversion to say the least.

    September 24, 2008 10:28 pm at 10:28 pm |
  11. Darryl

    ANCHORAGE, Alaska - The investigation into Gov. Sarah Palin's firing of Walt Monegan is looking into whether Palin influenced a workers' compensation claim from her former brother in-law.

    Alaska State Trooper Mike Wooten had his benefits denied three months after an injury forced him out of work. It became part of the probe after the adjuster who handled Wooten's case tipped off the Legislature's investigator.

    September 24, 2008 10:29 pm at 10:29 pm |
  12. John B

    Interesting and sneaky move by McCain. Obviously he's down on the polls and he knows voters are angry about the current economy events, is not a good time to debate because he is already carrying a negative image regarding the economy... is a desperate move to improve his image.

    And I agree with the other poster, why is Bush asking for their presence in the WH? The current admin has to take care of this issue, not the 2 senators, 2 more votes won't make a difference in the senate.

    September 24, 2008 10:29 pm at 10:29 pm |
  13. Fabian

    I support the idea of having this meeting of three on TV camera so we can see how competent they are when it comes to economic matters. I can picture McCain looking puzzled and not knowing which economic course to take. I hope Obama knows that this maybe a trap to hear his ideas. I also think people of Mississipi deserve a debate. It was promised to them and it should go on. I get the sense that McCain maybe scared because he knows that the economy is going to dominate the debate even if it's supposed to be on foreign relations. I hope Mississipians are following this development closely. If this debate does not materialize, they know who to blame in November.

    September 24, 2008 10:29 pm at 10:29 pm |
  14. Hillary Clinton

    WOW Abby,

    Do you have a TV, internet or read the newspaper ?
    If I followed McCain's example. I would have married the first woman that I spoke to on the phone for more than 5 minutes. Now that's leadership.

    Obama/Biden and Clinton for Sec of State

    September 24, 2008 10:29 pm at 10:29 pm |
  15. sally

    George Bush is the Herbert Hoover of the new millinium. Unfortunately he is too arrogant to ever realize it. Obama should decline the invitation and let the old buddies have a beer together.

    September 24, 2008 10:30 pm at 10:30 pm |
  16. frayedcat

    Oh puleeeeez. For HOW LONG has Bush been saying the economy is sound.......HOW LONG. Now he realized there's trouble for what, 3 days? All of a sudden it's a crisis? His cronies afraid they won't get their cash back unless they get the 700B before he leaves office? Somebody pull a Palin on this guy and cut the sound.

    September 24, 2008 10:30 pm at 10:30 pm |
  17. Alan

    WE ARE NOT GOING TO WAR AGAIN RIGHT NOW. It's a money thing...the presidential candidates can stay informed thru staff and other party leaders. Stay focused on the prize and get back on the campaign trail. Have the debate.

    September 24, 2008 10:30 pm at 10:30 pm |
  18. Barbara (California)

    Correct it is called mutitasking and Bush is the president.
    Do they really think the american people cannot see through this one with Obama ahead in the polls time to pull a fast diversion.
    Continue with the debates on friday the economic crisis will not
    be solved by this friday.
    Obama/Biden '08

    September 24, 2008 10:30 pm at 10:30 pm |
  19. rbelow

    It has nothing to do with multitasking it is all about taking responsibility to perform the duties of the job they were elected to do.
    With the economy in crisis something that directly affects every person in the United States you would think our elected officials would give this issues at least the same attention given to hurricanes and other disasters. PLEASE put your party politics aside and do what is right!

    September 24, 2008 10:30 pm at 10:30 pm |
  20. canvasback

    change the subject: have any of you lamebrains ever seen an aborted baby that has been sucked out in pieces? you need to be forced fed the remains. all of this other crap is piss compared to this.

    September 24, 2008 10:31 pm at 10:31 pm |
  21. susie

    This crisis is a 3 a.m. call. Obama says he will take the call later. McCain takes the call now! Debates haven't meant nothing to Obama all summer, now he wants this one. They are both PAID Senators and they both need to get back to work.

    September 24, 2008 10:31 pm at 10:31 pm |
  22. lauren

    It is disappointing if the candidates are unable to debate on friday. I was looking forward to seeing the two in oxford but if they are unable it is understandable simply because we have a NATIONAL crisis. This crisis is not one mans fault, the housing industry, people buying more house than they could afford, lenders, greedy executives and once again the government having to bail people out for making bad choices. Making hard decisions are not always popular and I agree with McCain who is stepping up to the plate. He consistently has shown us this.

    September 24, 2008 10:31 pm at 10:31 pm |
  23. Jameson

    hype, hype, hype.

    This isn't the first time this administration has told the American public that immediate action was necessary.

    Wasn't this administration supposed to be conservative?

    Don't believe the hype.

    September 24, 2008 10:31 pm at 10:31 pm |
  24. Darrel from Denver

    McCain is an interesting guy, no doubt.

    10 days ago he was sounding more like Baghdad Bob, espousing , effectively, 'there is no crisis' while in the background anyone with any sight at all could see there certainly was.

    Now, he reminds me of Barney Fife, completely flustered and panicky, frantically trying to pull the one bullet he carries out of his shirt pocket in order to try to get it into his gun.

    What will he come up with next? More impressions?

    September 24, 2008 10:31 pm at 10:31 pm |
  25. grant

    Paulson is a thief!

    "Section 8 of the proposed plan says: '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.'

    September 24, 2008 10:31 pm at 10:31 pm |
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