The Associated Press is reporting that Legislators have reached an agreement over the bailout plan.  Senator Bob Bennett said, “I now expect that we will indeed have a plan that can pass the House, pass the Senate (and) be signed by the president.”   Senator Chris Dodd, chairman of the Senate Banking Committee said, “We’ve reached a fundamental agreement on a set of principles,” and it looks like the legislation will get pumped through the house sometime soon, but Speaker Nancy Pelosi has not provided an exact time frame.   It appears as though most of this is just political crossfire and that there are no actual issues that divide the partisan line.   At least the no oversight phrase has been revised.
It also seems McCain’s “suspension” was mere rhetoric.  He said he was going back to Washington, canceling his interviews and rallys, but as seen on Letterman last night, where McCain was scheduled, McCain canceled that show to do an interview with Katie Couric for the evening news.   Some suspension of his campain.  Video of Letterman below: