Obama and McCain Target the Bailout Plan

While the economy continues to stagger, McCain and Obama face yet another challenge to in over voters: the Bush administration’s 700 billion dollar bailout plan to save America’s economy from collapse.

Although Obama and McCain have come out in support of the economic bailout plan, both have proposed different ways of making it more palatable to voters.

Obama’s plan is to cut federal contracting by at least 10 percent a year, while McCain proposed an oversight board to monitor the bailout.