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. Nikki

    Wow. Presidential Pokemon action.

    September 24, 2008 09:01 pm at 9:01 pm |
  2. David Goldman for OBAMA

    BUSH WANTS A TIMELY & BIPARTISAN SOLUTION TO

    THE RESULTS OF HIS PARTISAN SCUM BAG POLICIES.

    THIS COUNTRY NEEDS TO GROW A SPINE &

    TELL THESE PEOPLE WHERE & HOW TO GO.

    September 24, 2008 09:01 pm at 9:01 pm |
  3. Coleman R. Brice, Bradley Beach, NJ

    You might as well get used to the place Barak 🙂 Just watch your back..

    September 24, 2008 09:01 pm at 9:01 pm |
  4. Edwin

    Yay McCain gets a get out of Jail free card on Friday's debate.

    September 24, 2008 09:02 pm at 9:02 pm |
  5. one more time!

    ok people bush is leaving the dinner table saying "I forgot my wallet can you pay for this and I'll pay you back!" lets all get ready to cover the check for the huge meal he ate over the last few years!

    September 24, 2008 09:02 pm at 9:02 pm |
  6. sue

    this looks like it has been the plan-the house republicans are playing politics, they are trying to make mcccain look good, that he can come on his white house & save the day...this is such a loud of crap...this bail out will go through...there s no doubt...they just want you to be affraid...remember Iraq...how many houses do you need to fall on your head before you see you are being made a fool.
    So go ahead and call mccain a leader....
    Good grief Charlie Brown!

    September 24, 2008 09:02 pm at 9:02 pm |
  7. Michelle

    Meeting and wasting time with Bush makes no sense to me. Bush has no Economic plan, nor does he understand how the US economy works. Watch out Obama....could be another Republican Political trick?

    September 24, 2008 09:03 pm at 9:03 pm |
  8. susie

    It's hard to believe that Obama is putting the Country above himself.

    September 24, 2008 09:03 pm at 9:03 pm |
  9. Linda

    And as Senator Graham so well stated.

    “We don’t want a debate! We want a solution. We’ve got 40 days to debate. We’ve been begging this guy to debate us for six months now. What we need is for the Congress to answer the call of Secretary Paulson and Ben Bernanke and Warren Buffett and every other smart person to not allow a financial PEARL HARBOR to happen.”

    Host: Senator Obama has suggested that a president needs to be able to do a number of things at the same time …. like have a debate for example and be able to have his finger on the pulse of what is going on in Washington. Is he right about that?

    Sen. Graham: I would think that if the president were overseas right now and talking to a foreign leader, they would get on a plane and come back home because the country is experiencing a financial crisis. If either one of these people were president, and they were overseas talking about some foreign policy matter, I hope they would have the good judgment to jump on a plane and come back to the United States and call an emergency session of the Congressional leaders to avoid what Warren Buffett calls a ‘financial Pearl Harbor’. That to me is what we need to do.

    We have 40 days left to debate. We may not have but a few days left to protect American savings and financial institutions from collapse, and after the two days you’ve seen here in Congress of nothing but posturing, we’re running out of time.

    September 24, 2008 09:03 pm at 9:03 pm |
  10. Richard Cobun

    bush 43 sold us a war with the same face he's using to try to give away the keys to the kingdom on his way out the door.

    i'm not buying this one!

    September 24, 2008 09:04 pm at 9:04 pm |
  11. SS

    DONT DO IT OBAMA!!! They knew about this months ago...

    September 24, 2008 09:04 pm at 9:04 pm |
  12. Jason

    Great, now Bush is playing the game to try and derail Obama.

    September 24, 2008 09:05 pm at 9:05 pm |
  13. dl

    well go, they need to but not everything needs to halt becasue they go to Washington...It is not that far to Mississippi. What a mess...

    September 24, 2008 09:05 pm at 9:05 pm |
  14. Tom

    About frickin' time, Obama..............get with the program – this one ain't about you, it's about us – deal with it and get your slow, indecisive butt to Washington and do your job for once!

    September 24, 2008 09:05 pm at 9:05 pm |
  15. Independent, white female !

    We have gotten to this point on Bush's watch and Mccain's economics policies are just the same. No way, no Mccain, No palin.

    September 24, 2008 09:05 pm at 9:05 pm |
  16. SEA

    If I were Obama, I would not go into a meeting with these two without a witness or a Stenographer.

    September 24, 2008 09:05 pm at 9:05 pm |
  17. Former Republican for OBAMA

    TOOK BUSH, MCBUSH & ALL THEIR LOBBYISTS

    8 YEARS TO DESIGN & IMPLEMENT THE DISASTER,

    & NOW HE WANTS US & EVERYONE ELSE TO SOLVE

    THE PROBLEM, WITH OUR MONEY, NOT THEIRS.

    HE SHOULD BE ESCORTED OUT OF THE ROOM.

    September 24, 2008 09:05 pm at 9:05 pm |
  18. Sian

    Is our President looking for advice or just a shoulder to lay the blame on once he cuts and runs? Either way you take it when the dust settles Dubya will be chilling out in Crawford counting his millions on his compound. No matter the outcome either John McCain or Barack Obama will be President come November. The man who wins will bask in glory or retreat in shame.
    John, Barack, no pressure, just the future of the country being placed in your hands.

    September 24, 2008 09:06 pm at 9:06 pm |
  19. Very Objective Independent American

    Great Move, Mr. President.... 10 days too late, but better late than never.

    Obama/Biden 2008

    September 24, 2008 09:06 pm at 9:06 pm |
  20. Western voter

    A resignation by this disastrously incompetent President is what the country really needs. I am stunned that our political system is so crippled it cannot deal with a President that does so much damage. The man who said we had to go to war because there were WMD in Iraq now tells us we must give him a blank check...who can believe this man???

    He and Cheney sould both resign and let someone else take the reigns at this critical time.

    I for one am thoroughly disgusted by the Republican adminstration that sat and wathched their frinds do this to our country.

    Time for accountability.

    September 24, 2008 09:06 pm at 9:06 pm |
  21. bob_for_BO

    Now it is clear that Obama puts country first

    Obama/biden 08/12

    September 24, 2008 09:07 pm at 9:07 pm |
  22. kath

    Interesting.

    September 24, 2008 09:07 pm at 9:07 pm |
  23. Jeffrey

    I'm still not sure whether McCain's campaign suspension is a stunt designed to gain votes; but since Bush is a lame duck, there's no political advantage for him in asking McCain and Obama to sit in on the bailout discussions. I'm amazed that at this late date, Bush would show some sense by making a bipartisan effort, but I'm glad he is. Wouldn't it have been nice to start, say, 8 years earlier? Maybe some of these problems could have been staved off.

    September 24, 2008 09:07 pm at 9:07 pm |
  24. Western voter

    A resignation by this disastrously incompetent President is what the country really needs. I am stunned that our political system is so crippled it cannot deal with a President that does so much damage. The man who said we had to go to war because there were WMD in Iraq now tells us we must give him a blank check...who can believe this man???

    He and Cheney sould both resign and let someone else take the reigns at this critical time.

    I for one am thoroughly disgusted by the Republican adminstration that sat and watched their friends on Wall Street do this to our country.

    Time for accountability.

    September 24, 2008 09:08 pm at 9:08 pm |
  25. Zain Mahmood

    I have been delighted this year with the choices we had with Presidential candidates. However, now, as we observe the behaviors of these candidates, it appears that Mr. McCain is more interested in drama (Palin pick, postponing debates) than substance, in his campaign. During these serious times when our jobs/homes/savings are at risk....I am confident that we don't need drama. We need a leader who will identify options and look for creative ways to get out of this mess and defend our nation and what we stand for.

    September 24, 2008 09:08 pm at 9:08 pm |
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