Sen. Barack Obama (D-IL)

In Colorado, Obama Urges Deal On Bailout

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Democrat Barack Obama has urged Democrats and Republicans to work together to pass the financial rescue package. "We're going to get there but it's going to be a little rocky," he said. His comments were made in the swing state of Colorado during a campaign appearance.


This is All Things Considered from NPR News. I'm Melissa Block. The presidential candidates may have seemed like a side show today with all the drama in Washington and on Wall Street. Barack Obama and John McCain were on the campaign trail, both talking about the economic crisis and the bailout. Senator McCain was in Ohio; Senator Obama was in Colorado. We're going to hear from both candidates. First, NPR's Don Gonyea is with the Obama campaign.

DON GONYEA: Speaking in a high school outside Denver, Senator Obama reacted to the vote in the U.S. House rejecting the deal on the bailout package. He said that it should be no surprise that this is a difficult process.

Senator BARACK OBAMA (Democrat, Illinois, Presidential Candidate): We've been left with no good options. And today, Democrats and Republicans in Washington have a responsibility to make sure that an emergency rescue package is put forward that can at least stop the immediate problems that we have so that we can begin to plan for the future.

GONYEA: He noted that Republican leaders in Congress had signed on to the deal but that they couldn't stop Republican members from voting overwhelmingly against it. Stocks took a big drop as the vote took place. Obama urged American markets to stay calm, predicting that something will be worked out.

Sen. OBAMA: 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.

GONYEA: Polls consistently show Americans give Obama the edge over John McCain on the issue of the economy. Obama told the audience in this Denver suburb that there's a clear choice in this election. He described John McCain as a longtime champion of deregulation.

Sen. OBAMA: He's called for less regulation 20 times just this year.

He said in a recent interview that he thought deregulation has actually helped grow our economy. Senator McCain, what economy are you talking about?

GONYEA: And Senator Obama said that a bailout on Wall Street means there's an even greater obligation to help average Americans who are struggling with job losses, escalating healthcare costs, and rising gasoline and grocery prices. Don Gonyea, NPR News in Westminster, Colorado.

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