Obama camp fires back at McCain’s ‘angry’ statement

Barack Obama's campaign said Monday that rival John McCain’s “angry and hyper-partisan” attempt to blame the Democrats and their presidential nominee for the failed financial bailout vote is “exactly why the American people are disgusted with Washington.” 

McCain's campaign said, after the $700 billion plan was voted down in the House, that Obama had failed to lead on the issue and House Speaker Nancy Pelosi's (D-Calif.) remarks before the vote were the reason the plan went down in flames.

{mosads}Obama spokesman Bill Burton said that, at a time of "national crisis," bipartisanship is needed, and McCain is only encouraging the divide.

“Now is the time for Democrats and Republicans to join together and act in a way that prevents an economic catastrophe," Burton said in a statement. "Every American should be outraged that an era of greed and irresponsibility on Wall Street and Washington has led us to this point, but now that we are here, the stability of our entire economy depends on us taking immediate action to ease this crisis."

While McCain and Obama traded barbs, President Bush said he was "disappointed" that the plan had failed. But the president added that he would continue to reach out to members "on the way forward." 

Bush said he would be meeting with his economic advisers again Monday afternoon.

"Our strategy is to continue to address this economic situation head on," the president said. "And we'll be working to develop a strategy that will enable us to continue to move forward."