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Candidates Focus On Economy, Wall Street Bailout

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Candidates Focus On Economy, Wall Street Bailout

Candidates Focus On Economy, Wall Street Bailout

Candidates Focus On Economy, Wall Street Bailout

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  • <iframe src="https://www.npr.org/player/embed/94862534/94862511" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Both presidential candidates had something to say about the economic crisis and the proposed bailout on Saturday, NPR's Debbie Elliott reports.

In a written statement Sen. John McCain pointed to his efforts to reform Fannie Mae and Freddie Mac as evidence he had tried to ward off the country's financial troubles.

"Two years ago, I called for reform of this corruption at Fannie Mae and Freddie Mac. Congress did nothing. The Administration did nothing. Senator Obama did nothing, and actually profited from this system of abuse and scandal," McCain said.

But Sen. Barack Obama countered that argument, likening his opponent's financial markets plan to his healthcare plan.

"He wants to run health care like they've been running Wall Street. Well, Senator, I know some folks on Main Street who aren't going to think that's a good idea," Obama said.

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