McCain Suspends Campaign Over Economic Crisis

24 September 2008 @ 05:03 pm EDT

Republican presidential candidate John McCain suspended his campaign on Wednesday in a bid to help Congress draft legislation that will deal with the financial crisis on Wall Street.

"It's time for both parties to come together to solve this problem," McCain, 72, said in a statement. "We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved."

The unprecedented move by McCain apparently came after a Wednesday morning phone call with Obama about the financial crisis.

"At 8:30 this morning, Senator Obama called Senator McCain to ask him if he would join in issuing a joint statement outlining their shared principles and conditions for the Treasury proposal, and urging Congress and the White House to act in a bipartisan manner to pass such a proposal," Obama campaign spokesman Bill Burton said in a statement.

"At 2:30 this afternoon, Senator McCain returned Senator Obama's call and agreed to join him in issuing such a statement. The two campaigns are currently working together on the details."

This article is copyrighted by International Business Times.

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