House GOP push to force vote on pension and wage bills
GOP leaders announced a plan to bring a pension bill to the president's desk as early as next week, with a Friday vote in the House before a five week recess. The package ties a minimum wage increase to tax cuts on estates and would extend deadlines for airline pension plans while expanding 401k options and investor advice rules. The measure aims to shore up underfunded plans covering about 44 million Americans but faces Democratic and conservative opposition and Senate hurdles.
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PBGC
Bush Blair urge multinational force for Lebanon
President Bush and Prime Minister Blair pressed for a quickly dispatched multinational force to help Lebanon reclaim the south from Hezbollah while opposing an immediate cease-fire. They outlined UN coordination, stressed aid delivery, and said the force would work with Lebanon’s army under a UN framework, with conditions on Hezbollah cooperation.
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Security Council reaches deal on Iran resolution
The five permanent members reached a compromise draft giving Iran until the end of August to suspend uranium enrichment or face sanctions. The text, weaker after Russian and Chinese input, postpones immediate sanctions and requires further council discussion before any punitive action. Iran urged negotiations but urged retention of incentives, while Tehran calls the package a positive diplomatic step.
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U.N
Vitaly Churkin
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China
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Security Council
Manouchehr Mottaki
Malaysia
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Master Points, Inc
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