 John McCain: Puts forth blame after rescue plan's rejection
John McCain is in a mood to lay down protest. In Iowa Republican presidential candidate John McCain commented that Congress must "go back to the drawing board" to retool a Wall Street rescue package that was defeated in the House.
To be specific, John McCain blamed the failure of the plan in part on excessive partisanship from Democrats that also includes his opponent Barack Obama.
McCain addressed reporters briefly after arriving in Des Moines, calling the day "an hour of crisis for our nation's economy."
John McCain, who had returned to Washington to bring about a compromise last week, is quite hopeful that the reworked $700 billion package has soothed worries of its critics in both parties.
He said that he was satisfied that the compromise measure contained adequate taxpayer protections and regulatory oversight, as well as a smaller up-front cost to taxpayers, than what the Bush administration had originally requested.
"I was hopeful that the improved rescue plan would have had the votes needed to pass because addressing the crisis is of vital importance to families and small businesses and every working American," added John McCain at the West Des Moines Marriott Hotel.
He continued, "Now it's time for all members of Congress to go back to the drawing board". "I call on Congress to get back, obviously immediately, to address this crisis."
John McCain took no questions and did not leave the hotel ballroom after reading the three-minute statement.
Although McCain has told that Congress should reconvene, he did not plan to return to Washington immediately. All his aides said that he would return to Capitol Hill if needed, but he planned to proceed with today's campaign event in northeastern part of Des Moines.
McCain is scheduled to spearhead an economic round-table discussion in the morning at EFCO Corp., where he is expected to discuss the crisis and other economic issues with several people like workers, small-business owners and executives.
The appearance is the only public event in Iowa for John McCain during a visit that was planned to last for twenty-four hours.
McCain also put forth accusation on House and Senate Democratic leaders and also Barack Obama.
John added, "Senator Obama and his allies in Congress infused unnecessary partisanship into the process. Now is not the time to fix the blame, it's time to fix the problem". |
News / Gossips by fosterma2002
