Kan. congressional hopefuls wary of McCain plan

TOPEKA, Kan. - Congressional candidates in Kansas are cautious about John McCain's mortgage bailout proposal, and the most positive response is coming from fellow Republican Lynn Jenkins in the 2nd District. Jenkins' campaign described the GOP presidential nominee's plan to have the federal government buy bad mortgages directly as "a step in the right direction." "I think it's a start," Jenkins said during an interview Thursday. "I'm just frustrated with a whole lot in Washington. We have a crisis on our hands, one that should have been addressed at least two years ago." McCain outlined his proposal during the most recent presidential debate Tuesday night, and he's touting it as a way to stabilize home values and help distressed home owners directly. Under his plan, the government would spend $300 billion to buy distressed... [read full story]