What the Congress haveth, the Congress taketh away.
What the Candidate suspendeth, the Candidate brings back.
After speaking at the Clinton Global Initiative this morning, John McCain suspended his political campaign. What that exactly remains is open to interpretation—but it did not mean removing his advisors and surrogates from cable television appearances and it did not mean that there is any mention of the word “suspension” on the front page of johnmccain.com. It also didn’t stop Sarah Palin from holding her first question and answer session with reporters—from Ground Zero in NYC—nor the candidate from being on all three evening newscasts, along with his opponent tonight.
By mid-afternoon word came in that a bi-partisan agreement had been reached on what we call here, for simplicity and a good deal of reality, an economic bailout package. The plan seemed to be that Congressional leaders would meet their respective presidential candidates with the current President and Vice President at the White House to finalize and announce it. Then word started coming that John Boehner was saying that he and House Republicans had never agreed to the package. Then just after 4pm the White House meeting took place, and by the reporting of George Stephanopolous and others, it was a contentious and raucous meeting that, if anything, deepened the divisions. McCain left first; then Obama; and both went to their respective hotels to record interviews that led all three evening newscasts tonight.
Just after 8pm, Sen. Dodd convened a new meeting of Senate Banking Committee leaders and Treasury Department officials on Capitol Hill; Nancy Pelosi and John Boehner also met in the early part of tonight. By all accounts, negotiations are ongoing. Congress is up against a self-imposed deadline for before the opening of markets on Monday. But now they are up against a very real political deadline as well; it is unclear what happens to John McCain if House Republicans succeed in foiling the bi-partisan agreement that was in place early this afternoon. The entire premise for the media spectacle of suspending his campaign to return to Washington to fix the problem will be lost. This is the case if an agreement is not yet worked out and McCain decides to fly to Mississippi for the debate tomorrow night (Just asking: when did his debate prep occur this week? Or is he really going to enter the first debate without having done a mock debate with a stand-in Obama?), or if Obama holds an essentially two-hour conversation with Jim Lehrer with an empty chair sitting next to him.
But as we all know in politics, a day is a lifetime, and we are now just under 24 hours away from the start of the First Presidential Candidates Debate.
One Machiavellian thought: Was the House GOP opposition, led by John Boehner today, meant as a short-term pause to the bill—and will he drop the opposition tomorrow in time for McCain to be declared a hero and fly triumphantly to Oxford?
(In some political circumstances, I think that would have been a scenario to consider. But I really do believe that in this case the opposition to the bailout runs deep, strong and passionately in many from the Republican Party and they are acting entirely based on principle, with only a little dose of politics.
To Today’s polling data:
Gallup Daily Tracking: Obama 46/McCain 46
Diageo/Hotline Daily Tracking: Obama 47/McCain 43/Undecided 8
Rasmussen Daily Tracking: Obama 49/McCain 46 (the highest level for Obama in this poll since July)
Rasmussen-North Carolina: Obama 49/McCain 47
CBS/New York Times National head-to-head: Obama 48/McCain 43
National Journal Swing State Polls:
Michigan Obama 47/McCain 39
New Hampshire Obama 44/McCain 43
Pennsylvania Obama 43/McCain 41
The Real Clear Politics Average: Obama + 3.3
And in the RCP electoral map, changes today to Michigan, going back to Lean Obama from Toss Up (It had been moved back to Toss Up from Lean Obama yesterday, and to Lean Obama from Toss Up the day before)
Also West Virginia from Solid McCain to Lean McCain and North Carolina from Lean McCain to Toss Up
And it looks like the night of negotiations on Capitol Hill have ended and talks will resume at 11:30am tomorrow. It will be a very interesting day which may begin in Washington and end in Mississippi.