So, assuming that a deal will not be struck before the time for the debates, I see at least two possibilities played out.
1st Scenario
John McCain does not go to the debates. If John McCain fails to go to the debates, then he also has to make a decision about what he will do on Monday. Will he resume the campaign that he never suspended? Will he leave Washington although there is no bail out deal? Should he hold any rallies or appear on shows to attack Obama if there is no deal? What if Congress does not come up with a plan for another week? If McCain does not attend the Presidential debate, he will be highly ridiculed for engaging in any other activity outside of the bail out. In other words, voters will question why he could not attend a debate, but can do everything else.
2nd Scenario
John McCain stays in Washington until mid-afternoon Friday. McCain holds a press conference with House Republicans and introduces a new plan for the bail out. John McCain says that he was glad that he was in Washington to help the Republicans get closer to a real solution that puts Country First and not the bad people on Wall Street. John McCain then goes to the debate.
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