In the Headlines

"2 Candidates Back Bailout, With Caveats" (John Harwood and Michael Cooper, New York Times) - Senators John McCain and Barack Obama warned Sunday that there should be more oversight built into the government's $700 billion plan to stabilize the financial markets but said the potentially enormous expenditure would not force them to scale back their ambitious governing agendas.

"Crisis Draws Attention to McCain Social Security Plan" (Laura Meckler and Nick Timiraos, Wall Street Journal) - Financial turmoil may not just boost government's role in markets. It could undermine a push in recent years by conservatives, including John McCain, to inject more market forces into government-run and heavily regulated programs.

"Democrats have set sights on Va. as battleground in election" (Alan Gomez, USA Today) - Largely on the strength of this region, Republicans have been taking Virginia in presidential elections for decades. The last time a Democrat won here was in 1964 when Lyndon Johnson defeated U.S. Sen. Barry Goldwater. But Democrats believe the political stars may be aligned to turn the Old Dominion their way.

"Exclusive: GOP ticket wooing women" (David Paul Kuhn, The Politico) - Since picking Sarah Palin as his running mate, John McCain has obliterated what had been a 34-percentage-point deficit in a poll of likely women voters on the question of which candidate has a "better understanding of women and what is important" to them.

On the Morning Shows

Today - John McCain: "I proposed a plan to help our economy but we've got to have an oversight committee. We are in the most serious crisis since World War II."

On Sarah Palin: "She shares my worldview. I'm very proud of her and very proud of her job as Governor of Alaska. She's the most popular Governor in the United States."

Ed Rendell: "I don't think the [Obama] campaign until last week started focusing on the issues. Now people are starting to focus on the economy, now I think Obama's going to start widening his lead. Americans are appalled that John McCain could have said last week that the fundamentals of economy are strong."

Early Show - Chris Dodd on the bailout proposal before Congress: "We have to act responsibly enough. When you've got 535 members of Congress you're going to get diversity of opinion. There was a lack of accountability going on. There's some legitimate concerns here or there's gonna be a riot in this country."

(Greg Bobrinskoy contributed to the Morning Report.)