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...actually to make it harder. Some party members think Boehner created a problem for the Republican nominee to fix; if the House Republicans can be brought around from their initial intransigence, McCain would be seen as the savior of the bill. Even some of the McCain campaign's statements Thursday afternoon seemed to suggest as much. "We're optimistic that Senator McCain will bring House Republicans on board without driving other parties away, resulting in a successful deal for the American taxpayer," said McCain spokeswoman Kimmie Lipscomb...

Author: /time Magazine | Title: Who's to Blame for the Bailout Deal's Stumble? | 9/26/2008 | See Source »

...times that he did not have the power to speak for his caucus. The press conference, they contend, was a staged production to give the illusion of an agreement and force it down the throats of unwilling House Republicans. Some point to Senate Majority Leader Harry Reid's comments Thursday morning that the deal represented what he liked to call "the Obama principles," thus handing the credit to the Illinois senator. And McCain campaign staffers point out that only a couple of days ago Democratic leaders were insisting that McCain had to get involved and help bring his party...

Author: /time Magazine | Title: Who's to Blame for the Bailout Deal's Stumble? | 9/26/2008 | See Source »

...What it has all come down to is an incredibly high-stakes game of political chicken which no one wants to lose. House Republicans late Thursday were talking up an alternative proposal for the government to help insure the bad mortgage-backed assets rather than buy them up, but that less-expensive option has little support from either Democrats or the Bush Administration. "Members are aware of the crisis situation that we're in," McCain told ABC News Thursday. "They do have concerns, which I think when you're talking about $700 billion or a trillion dollars, that need...

Author: /time Magazine | Title: Who's to Blame for the Bailout Deal's Stumble? | 9/26/2008 | See Source »

...plan, the last thing Pelosi wants to do is force her own members to walk the plank for the proposal without a significant amount of company (and cover) from the other side of the aisle. But hours after Congressional Republicans and Democrats announced the outlines of a deal on Thursday afternoon, House Republicans made clear at the White House gathering with John McCain, Barack Obama and President Bush that they were not on board with the bipartisan plan...

Author: /time Magazine | Title: Can Congress Build a Better Bailout? | 9/26/2008 | See Source »

...Boehner's resistance had been blamed as the reason that Thursday's high-profile White House meeting had broken up in disarray. And Boehner on Friday wasn't apologizing for his refusal to go along. "If they thought they were rolling me," he said, "they were kidding themselves...

Author: /time Magazine | Title: Can Congress Build a Better Bailout? | 9/26/2008 | See Source »

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