- The Washington Times - Monday, September 29, 2008

DES MOINES, Iowa — Republican presidential candidate John McCain says rival Barack Obama and his allies have injected unnecessary partisanship into efforts to pass bailout legislation for the financial industry.

Talking to reporters in Iowa, McCain said, “Now is not the time to fix the blame, it’s time to fix the problem.”

McCain spoke a few hours after the House defeated bailout legislation. He called on lawmakers to get back to work immediately to address a crisis that he said could affect every family and small business.

Sen. Barack Obama said at a Denver rally he has a message to Congress: “Get this done.”

“Democrats, Republicans, step up to the plate, get it done,” Mr. Obama said about thirty minutes after the bailout plan failed to pass the House of Representatives.

The Democratic presidential nominee delayed the start of the rally by more than an hour and told the crowd he’d been speaking with Treasury Secretary Henry Paulson and Congressional leaders. He assured voters that even though it will take “some bumps and trials and tribulations and ups and downs … because things are never smooth in Congress … it will get done.”

“Obviously this is a very difficult thing to do,” he said, adding it is “important for the markets to stay calm.”

Also read: Obama: McCain’s deregulation too risky for economy.

“We are going to make sure that an emergency package gets put together,” he said, without offering specifics on how such a deal would be able to pass the deadlocked House.

“I’m confident that we are going to get there, but it’s going to be a little rocky. it’s sort of like flying into Denver. You know you’re going to land but it’s not always fun going over those mountains,” he said, as voters laughed.

Mr. Obama thanked Congressional leadership from both parties for improving the bill, which he said “started as blank check.”

He said he wants Congress to know that “even as you get it done to stabilize the markets, we have more work to do to make sure that Main Street is getting the same kind of help that Wall Street is getting.”

Mr. Obama said if he is elected Nov. 4, he promised to review the full bailout plan on Inauguration Day.

“I will review the entire plan on the day I take office to make sure that it is working to save our economy and that you get your money back,” he said.


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