McCain: Obama should have Camp David budget summit

McCain urges Obama to have lawmakers to Camp David or White House to hammer out budget deal

WASHINGTON (AP) -- Sen. John McCain says President Barack Obama should invite lawmakers to Camp David or the White House to hammer out a last-minute deal to avert deep budget cuts set to start taking effect at week's end.

The Arizona Republican says Obama should be talking with lawmakers instead of demonizing them over the looming across-the-board cuts in domestic and defense spending.

McCain calls the Pentagon cuts "unconscionable" and says military leaders are already warning they would be devastating.

McCain, the 2008 GOP president nominee, says it's time for Obama to show leadership and call lawmakers either to Camp David or to the White House for a budget summit.

McCain appeared on CNN's "State of the Union."

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    Should Chinese companies be rebuilding America's infrastructure?

    Loading...
    Poll Choice Options