Presidential candidates John McCain and Barack Obama issued a joint statement Wednesday night in which they said the American people are facing a moment of economic crisis.
Moments before President George W. Bush's scheduled address to the nation, the Republican and Democratic candidates said now is the time for both political parties to come together in the spirit of cooperation for the sake of the American people.
They said the $700 billion plan the administration has proposed to bail out the financial industry is flawed, but that the effort to protect the U.S. economy must not fail.
Bush has invited both candidates to a meeting at the White House on Thursday with congressional leaders to discuss solutions to the economic crisis.
