At a rally in Tampa Bay, Florida, Barack Obama criticized John McCain’s plan to help homeowners facing foreclosure.

Sen. Barack Obama: “Now, the other week, Senator McCain came out with a proposal that he said would help ease the burden on homeowners by buying up bad mortgages at face value, even though they’re not worth that much anymore. So here’s the thing, Florida. His plan would amount to a $300 billion bailout for Wall Street banks. And guess what? It would be paid for by all of you, the American taxpayer. And that might sound like a good idea to the former bank lobbyists who are working on Senator McCain’s campaign, but that’s not the change America needs.”