Reid: McCain to support bailout
By Alexander Bolton
Posted: 09/23/08 06:49 PM [ET]

Republican presidential nominee John McCain will support a proposed $700 billion bailout of the financial markets, Senate Majority Leader Harry Reid (D-Nev.) announced Tuesday evening.

Sen. McCain’s (Ariz.) support of the package had been uncertain as a growing number of Republicans criticized it harshly.

Reid specifically challenged McCain on Tuesday to take a position on the bailout package.

“I got some good news in the last hour or so … it appears that Sen. McCain is going to come out for this,â€