Get Your Debate On

The New Republic

You have read:

0 / 8

free articles in the past 30 days.

Already a subscriber?

Log in here

sign up for unlimited access for just $34.97Sign me up

THE PLANK SEPTEMBER 26, 2008

Get Your Debate On

McCain's going to Mississippi.

Update: Here's the full statement:

"John McCain's decision to suspend his campaign was
made in the hopes that politics could be set aside to address our economic
crisis.

"In response, Americans saw a familiar spectacle in
Washington. At a moment of crisis that threatened the economic security of
American families, Washington played the blame game rather than work together to
find a solution that would avert a collapse of financial markets without
squandering hundreds of billions of taxpayers' money to bailout bankers and
brokers who bet their fortunes on unsafe lending practices.

"Both parties in both houses of Congress and the
administration needed to come together to find a solution that would deserve the
trust of the American people. And while there were attempts to do that, much of
yesterday was spent fighting over who would get the credit for a deal and who
would get the blame for failure. There was no deal or offer yesterday that had a
majority of support in Congress. There was no deal yesterday that included
adequate protections for the taxpayers. It is not enough to cut deals behind
closed doors and then try to force it on the rest of Congress -- especially when
it amounts to thousands of dollars for every American family.

"The difference between Barack Obama and John McCain
was apparent during the White House meeting yesterday where Barack Obama's
priority was political posturing in his opening monologue defending the package
as it stands. John McCain listened to all sides so he could help focus the
debate on finding a bipartisan resolution that is in the interest of taxpayers
and homeowners. The Democratic interests stood together in opposition to an
agreement that would accommodate additional taxpayer protections.

"Senator McCain has spent the morning talking to
members of the Administration, members of the Senate, and members of the House.
He is optimistic that there has been significant progress toward a bipartisan
agreement now that there is a framework for all parties to be represented in
negotiations, including Representative Blunt as a designated negotiator for
House Republicans. The McCain campaign is resuming all activities and the
Senator will travel to the debate this afternoon. Following the debate, he will
return to Washington to ensure that all voices and interests are represented in
the final agreement, especially those of taxpayers and homeowners."

 --Jason Zengerle

share this article on facebook or twitter

posted in: the plank, business, entertainment, environment, health, politics, washington, john mccain

print this article

SHARE YOUR THOUGHTS

Show all 17 comments

You must be a subscriber to post comments. Subscribe today.

Back to Top

SHARE HIGHLIGHT

0 CHARACTERS SELECTED

TWEET THIS

POST TO TUMBLR

SHARE ON FACEBOOK