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McCain camp claims credit over bailout changes
by Jitendra Joshi 1 hour, 2 minutes ago
CHICAGO (AFP) - John McCain's presidential campaign claimed credit as Congress readied Monday to vote on an emergency economic package, but Democrats said the Republican's last-ditch intervention had been no help.
Mitt Romney, McCain's erstwhile rival for the Republican nomination, said the deal on a Wall Street bailout worth up to 700 billion dollars would never have happened without the Arizona senator.
Speaking on NBC television, the former Massachusetts governor said "this bill would not have been agreed to had it not been for John McCain."
"That doesn't mean that he's the only guy doing that. And there many people ... who have been critical to it," Romney said.
"But, you know, this is a bipartisan accomplishment, a bipartisan success. And if people want to get something done in Washington, they just watch John McCain," he said.
"He's been the guy whose name is at the top of major pieces of legislation for a long time."
Both McCain and his Democratic rival in the November 4 election, Barack Obama, said they would reluctantly sign up to a drastically reworked deal permitting the Treasury to buy up sour mortgage-backed assets.
by Jitendra Joshi 1 hour, 2 minutes ago
CHICAGO (AFP) - John McCain's presidential campaign claimed credit as Congress readied Monday to vote on an emergency economic package, but Democrats said the Republican's last-ditch intervention had been no help.
Mitt Romney, McCain's erstwhile rival for the Republican nomination, said the deal on a Wall Street bailout worth up to 700 billion dollars would never have happened without the Arizona senator.
Speaking on NBC television, the former Massachusetts governor said "this bill would not have been agreed to had it not been for John McCain."
"That doesn't mean that he's the only guy doing that. And there many people ... who have been critical to it," Romney said.
"But, you know, this is a bipartisan accomplishment, a bipartisan success. And if people want to get something done in Washington, they just watch John McCain," he said.
"He's been the guy whose name is at the top of major pieces of legislation for a long time."
Both McCain and his Democratic rival in the November 4 election, Barack Obama, said they would reluctantly sign up to a drastically reworked deal permitting the Treasury to buy up sour mortgage-backed assets.
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