McCain on Crisis: “Inaction Is Not an Option”


The Arizonan chastises Congress for their inability to work together and pass the bailout bill in the House during remarks ahead of a roundtable in Des Moines, Iowa Tuesday.

Calls the current economic situation “the greatest financial crisis of our lifetimes,” going on to say that “Congressional inaction has put every American and the entire economy at risk.”

Again calls on the Treasury to take action, urges government to grant the FDIC the authority to raise the insurance deposit cap.

Full remarks here.

Plus: McCain alters his Wednesday schedule, will be heading to Kansas City instead of D.C.

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