10/25/2008 05:12 am ET Updated May 25, 2011

McCain Supporting Bailout, Reid Says

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.

Read more on The Hill

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