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 Wall Street Bailout and McCain - White House Press Briefing by Dana Perino 9/26/08 — Friday, September 26, 2008 —  Q What do you think -- what progress do you think happened between yesterday and just now for John McCain to say he's going to resume his campaign and go to the debate?MS. PERINO: I don't know. I couldn't tell you what his -- Q He says there's been progress since yesterday's meeting. MS. PERINO: Senator Reid said the same thing; so did Senator Gregg. And I'm going to let the negotiators continue. As I said, we've been -- we feel like we've been close, but we're not quite there yet. There are many members of Congress, especially on the House Republican side, who have a lot of concerns, and I understand those concerns. We get it. This President did not want to have to take this route, either. But it was after being briefed repeatedly by his Secretary of the Treasury and his Fed Chairman that if we did not do something drastic, that we would have -- we would be facing financial calamity, that the President of the United States said we can't sit by and let that happen. If we have a way that could fix it and to stabilize and strengthen the financial markets, we have an obligation to do that. Q Do you think the debate adds to or detracts from the work that will be done on the Hill? MS. PERINO: I just don't know. But I think it'll be fun to watch. (Laughter.) Congress | Dana Perino | John McCain | Legislation | Press Briefing | Wall Street | White House Press Corps Labels: Congress, Dana Perino, John McCain, Legislation, Press Briefing, Wall Street, White House Press Corps
Posted by White House Press Corps @ 5:53 PM
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