Looks like McCain blinked:
Republican John McCain agreed to attend the first presidential debate tonight even though Congress doesn't have a bailout deal, reversing an earlier decision to delay the event until Washington had taken action to address the crisis.
With less than 10 hours until the debate was scheduled to start, the McCain campaign announced that the Arizona senator would travel to the University of Mississippi. The campaign said that afterward McCain would fly back to Washington to continue working on the financial crisis.
Still wish they'd change the topic from foreign policy to economics. Maybe there can be some creativity in the questions. "Assume you are the president of Russia, and a subprime meltdown is imminent in Georgia. Would you buy up the bad paper or send in the tanks, and what "