John McCain's campaign expressed cautious optimism Thursday as congressional Republicans and Democrats agreed in principle on a $700 billion bailout of the financial industry hours before the two presidential candidates were to meet with President Bush on the crisis.How do you prepare for a debate when you're at your desk and on the Senate floor discussing and researching a financial bailout of the country?
Even so, the action didn't appear to be strong enough to convince McCain to attend Friday's scheduled presidential debate. His campaign has said he wouldn't participate unless there was consensus between Congress and the administration, and a spokesman said the afternoon developments had not changed his plans.
"There's no deal until there's a deal. We're optimistic but we want to get this thing done," McCain spokesman Brian Rogers said.