The world financial crisis has hit the US presidential race after Republican candidate John McCain announced he’s to suspend his campaign.
Returning to Washington to help on a Wall Street bail out plan, McCain urged Barrack Obama to join him and cancel a planned TV debate.
‘‘I do not believe that the plan on the table will pass as it currently stands and we are running out of time,’‘ said McCain. ‘‘Tomorrow morning I’ll suspend my campaign and return to Washington after speaking at the Clinton Global Initiative. I’ve spoken to Senator Obama and informed him of my decision and I’ve asked him to join me,’‘ he added.
Despite McCain’s call, there was disagreement over the decision with rival candidate Obama claiming it was more important than ever to hold a debate.
‘‘With respect to the debates it’s my belief that this is exactly the time when the American people need to hear from the person who in approximately 40 days will be responsible for dealing with this mess,’‘ said Obama.
Although disagreeing over the TV debate, Obama – along with McCain – has accepted an invitation from President Bush to attend a meeting on Thursday in Washington to discuss the financial rescue plan.