From the McCain campaign:
To address our current financial crisis, John
McCain suspended his campaign and returned to Washington, D.C.,
today to help build a bipartisan consensus for a proposal that
would protect the American taxpayer.
Despite today's news reports, there
never existed a "deal," but merely a proposal offered by a small,
select group of Members of Congress. As of right
now, there exists only a series of principles, including greater
oversight and measures to address CEO pay. However, these
principles do not enjoy a consensus in Congress.
At today's cabinet meeting, John McCain
did not attack any proposal or endorse any plan. John McCain simply
urged that for any proposal to enjoy the confidence of the American
people, stressing that all sides would have to cooperate and build
a bipartisan consensus for a solution that protects taxpayers.
However, the Democrats allowed Senator
Obama to run their side of the meeting. That did
not work as the meeting quickly devolved into a contentious
shouting match that did not seek to craft a bipartisan
solution.
At this moment, the plan that has been
put forth by the Administration does not enjoy the confidence of
the American people as it will not protect that taxpayers and will
sacrifice Main Street in favor of Wall Street.
The bottom line is that as of tonight,
there are not enough Republican or Democrat votes for the current
plan. However, we are still optimistic that a
bipartisan solution will be found. Republicans and Democrats want a
deal that will protect the taxpayers.
Tomorrow, John McCain will return to
Capitol Hill where he will work with all sides to build a
bipartisan solution that protects taxpayers and keeps Americans in
their homes.
topics:
John McCain, NATO
