WASHINGTON — Presidential candidates John McCain and Barack Obama will join discussions with congressional leaders and the Bush administration at the White House today aimed at coming up with an economic recovery measure.
The session, which President Bush announced during last night's speech from the White House, comes in the wake of concerns raised by congressional Democrats and Republicans about the $700 billion plan to allow the government to buy the illiquid assets of financial institutions, including credit unions.
McCain said he was suspending his campaign to focus on the economy and urged that the presidential candidates' debate, scheduled for tomorrow night in Oxford, Miss., be postponed. Both Obama and the commission that runs the debates rejected that suggestion.
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During his speech, Bush said the nation was in the "midst of a serious economic crisis" and the plan "is not aimed at preserving any individual company or industry. It is aimed at preserving America's overall economy."
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