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And From the McCain Campaign

McCain spokesman Brian Rogers passes on the following:

Senator Obama phoned Senator McCain at 8:30 am this morning but did not reach him. The topic of Senator Obama's call to Senator McCain was never discussed. Senator McCain was meeting with economic advisers and talking to leaders in Congress throughout the day prior to calling Senator Obama. At 2:30 pm, Senator McCain phoned Senator Obama and expressed deep concern that the plan on the table would not pass as it currently stands. He asked Senator Obama to join him in returning to Washington to lead a bipartisan effort to solve this problem.
UPDATE: Rogers follows up to say the campaign will also suspend its ads and fundraising.

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Philip Klein is The American Spectator's Washington correspondent.

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