Georgia Rep. Tom Price, a member of the House Financial Services Committee, joins us to discuss the latest developments in the standoff between House Republicans and the rest of Congress over the fate of the $700 billion bailout plan for Wall Street.
Economy
Debate Preview
John McCain and Barack Obama will face off tonight in Mississippi on foreign policy issues and probably a lot of economic questions as well. What can we expect in terms of the content of the debate? Which candidate has the edge on foreign policy questions? And what intangible qualities will voters be looking for. We ask former longtime USA TODAY White House Correspondent Richard Benedetto.
Why Conservatives Want the House GOP to Stand Its Ground
Pressure is coming from every angle for House Republicans to compromise on a bailout plan for Wall Street. Democrats, the President and even Senate Republicans are ready to pass the $700 billion plan. So why are conservatives demanding no compromise and what are some of the Democratic strategies being employed in this debate? We ask Richard Viguerie, Chairman of conservativehq.com and author of “Conservatives Betrayed”.
Capitol Steps Comedy
While lawmakers deal with the very serious aspects of the financial crisis on Wall Street, the Capitol Steps are bringing some comic relief. This week Steps star Elaina Newport joins Greg and brings two economy-related parodies with her.
The News Part 1
Are lawmakers on the brink of a compromise plan to bail out the financial industry? What are the key players saying about where we stand right now? What have John McCain and Barack Obama been saying today about the financial crisis and whether they should debate on Friday? We have all the latest details in an extended newscast on this pivotal day in the financial debate and just 40 days remaining until Election Day.
The News Part 2
What major bank is now looking for help to stay in business? What are experts saying about John McCain’s decision to stop campaigning and even debating until the bailout legislation is complete? And why did Pakistani troops fire on American helicopters along the Afghan border? Listen here for all the details.
New Polls Show Very Tight Race in Three Key States
Fresh polling from Strategic Vision shows Barack Obama and John McCain running neck-and-neck in the critical states of Pennsylvania, Michigan and New Hampshire. Obama is ahead by a sliver in all three states, so why is this good news for Republicans? How is the economy impacting the results? We discuss these questions and others with David Johnson, CEO of Strategic Vision.
What’s Wrong with the Bailout?
There’s plenty wrong if you ask many conservatives. So what would they pursue instead? What would stabilize our and even grow our economy? And what changes in regulations should be enacted? We ask Peter Ferrara, Contributing Columnist for The American Spectator”.
The Latest on the Bailout Plan and the First Debate
Why is the president’s bailout plan facing steeper and steeper odds in the U.S. Congress? What is the conservative alternative? Is John McCain making the right move by suspending his campaign until Congress deals with this issue? We discuss all this and much more with John Gizzi, Political Editor at Human Events.
McCain Will Suspend Campaign to Deal With Financial Mess, Wants Debate Postponed
With just 41 days remaining until Election Day, Republican Presidential Nominee John McCain says he will suspend his campaign on Thursday and work in a bipartisan manner to craft the best possible legislation to address the financial crisis on Wall Street. He wants Barack Obama to put his campaign on hold as well and agree to postpone the first debate scheduled for Friday. So what should we make of this move and is John McCain the right choice to lead this country back to financial stability? That’s what we ask Republican Party Chairman Mike Duncan.