Candidates' plans for the economic crisis

Posted to Live Blog: Second presidential debate by Mary Daly at 8:05 p.m., Oct. 7, 2008

Each candidate laid out their plans to help Americans struggling with the economic crisis.

Obama said we have to make sure the rescue package works. He said the middle class needs tax cuts, help with mortgages and new job creation.

McCain said he suspended his campaign to help figure out a solution to the crisis. He said his plan is to stop the excessive spending of Washington and to buy up bad home loans.

When Brokaw asked each candidate who they would appoint as secretary of the treasury, McCain responded with, "Not you Tom."

At the NAACP, Legion of Black Collegians, Alpha Phi Alpha and Omega Psi Phi watch party, senior Kari Morris said McCain stalled with this response.

"He doesn't know who he wants as secretary of treasury and if he does, it's not going to be someone we want to see in that position," Morris said. "Obama was upfront and honest."

Obama said Warren Buffet would be in consideration.