Hank Paulson

September 22, 2008 - 4:48am

McCain to distance himself from bailout plan, will allies follow?

Reports say John McCain will distance himself from Hank Paulson's bailout plan today. Various reports say McCain will issue an outline to his own plan which gives Paulson less power and appoints an advisory oversight board that would include members such as Mitt Romney (R), Warren Buffett (D) and Mike Bloomberg (I). It will be interesting to see if McCain allies in the state such as Congressman John Shadegg will support a McCain plan or the original Paulson plan.

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