Thursday, September 25, 2008

McCain Suspends Campaign; Obama Presses for Debate

REPORT: John McCain made a surprise announcement that he was suspending his presidential campaign and called on Democratic rival Barack Obama to postpone their first debate until Congress hammers out a plan to steady the financial markets.

Obama rebuffed McCain, saying it's ``more important than ever'' for the candidates to tell voters how they would deal with the crisis. He said they can work with Congress while campaigning. ``It is going to be part of the president's job to deal with more than one thing at once,'' Obama said.

Both men said they wanted to reach a bipartisan solution to the credit crisis. McCain said the Bush administration's $700 billion proposal to rescue struggling financial companies and unlock credit markets won't pass Congress in its current form.


David Letterman Reacts to John McCain Suspending Campaign