After blaming each other for the collapse of the economic emergency deal, both US presidential candidates have called for bipartisan compromise to try to reach an agreement.
A recent opinion poll putting Democrat Barack Obama back in the lead in the race to the White House seems to show John McCain could be suffering from the unpopular legacy of fellow Republican, George W Bush.
“I know that many of the solutions to this problem may be unpopular, but the dire consequences of inaction will be far more damaging to the economic security of American families and the fault will all be ours,” said McCain.
According to the latest survey, McCain has slipped four percentage points behind his rival Obama, who is credited with 50 percent of the vote.
He said it was time to work together but warned that Congress must work swiftly to pass the bill.
“It is not a time for politicians to concern themselves with the next election. It is time for all of us to concern ourselves with the future of the country that we love. This is a time for action,” said Obama.
Both candidates have stepped up their support for Bush’s package. The president’s popularity rate has slumped further with a record 70 percent of the American people disapproving of his job performance according to the latest polls.