From Obama spokesman Bill Burton:

At 8:30 this morning, Senator Obama called Senator McCain to ask him if he would join in issuing a joint statement outlining their shared principles and conditions for the Treasury proposal and urging Congress and the White House to act in a bipartisan manner to pass such a proposal. At 2:30 this afternoon, Senator McCain returned Senator Obama’s call and agreed to join him in issuing such a statement. The two campaigns are currently working together on the details.

From Mark Halperin:

The Land of Lincolner’s camp says they asked McCain to join them in issuing a statement urging bipartisanship for the bailout bill, he agreed.

Read their full statement in response to McCain’s remarks here.

Senior Obama official: “The debate is on.”