(October 8, 2008)—The economy was a main topic of discussion as Senators McCain and Obama traded barbs in Tuesday’s town hall debate.
John McCain dismissed Barack Obama as "that one," while Obama mocked McCain's "Straight Talk Express."
Those were just two moments in a debate that saw the candidates go back and forth in deriding each other's statements and policies.
Each of the candidates did his best to pin much of the blame for the ongoing economic collapse on the other.
McCain also unveiled a new spending proposal geared at shoring up the housing market.
He said that, if elected, he'd order the federal government to spend 300 billion dollars to buy up bad home mortgages in order to absorb the difference between what is owed on the properties and what the properties are worth.
McCain said the proposal would stabilize the housing market and allow financially strapped homeowners to keep their houses.
Obama bluntly challenged McCain's steadiness on foreign policy.
He specifically called out McCain for singing "bomb, bomb Iran," and also for advocating "the annihilation of North Korea."
McCain said his rival "was wrong about Iraq and the surge," and other national security matters.
The third and final presidential debate is set for next Wednesday and can be seen on News 10 at 8:00 pm.