Obama rejects call to delay first presidential debate
In New York and Florida the debate showdown loomed as John McCain urged delaying Friday's forum to seek a bipartisan bailout. Obama refused, saying the next president must handle multiple crises, while McCain backtracked to Washington to push for a solution amid a stalled 700 billion plan.
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House approves spending bill lifts offshore drilling ban
The House passed a $630 billion budget bill with a large Pentagon allocation and aid for automakers, disaster relief, and veterans programs. It lifts a 25 year offshore drilling ban off Atlantic and Pacific coasts but drilling is not imminent.
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Palin Warns of Another Great Low Mood If Bailout Fails
Palin told CBS News that America may face another Great low mood if Congress rejects the 700 billion bailout. She argues bipartisan Wall Street reform is needed and cites John McCain's leadership on oversight of Fannie Mae and Freddie Mac.
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