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John McCain suspended his campaign on Thursday morning. The Republican presidential hopeful will return to Washington to help with the financial bailout negotiations. The Bush administration says the proposed $700 billion plan is crafted to produce stability to financial markets. |
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John McCain Officially Suspends Campaign
John McCain suspended his campaign on Thursday morning. The Republican presidential hopeful will return to Washington to help with the financial bailout negotiations. The Bush administration says the proposed $700 billion plan is crafted to produce stability to financial markets.One day before the widely anticipated presidential debate, John McCain suspended his campaign to return to Washington. McCain asked Barack Obama to join him to work on the financial bailout. "We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved," McCain said in a statement. McCain has suspended all advertising, party fundraising and any campaign appearances. Obama ignored McCain's invitation and said he would show up for the debate as planned. However, President Bush has called an emergency meeting with the two men who are vying to succeed him in the White House in a bid to push through a deal over the Wall Street rescue plan. The meeting, with Democrat candidate Barack Obama, his Republican rival John McCain and congressional leaders, comes after the president used a televised address to warn that there was little alternative to the $700 billion taxpayer bailout.
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Barack Obama rejected the call to suspend his presidential campaign. The Democratic presidential candidate said that it's going to be part of the president's job to deal with more than one thing at a time. Friday's scheduled presidential debate is still a question.
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