The move will primarily affect ederal building and military installations. All the major newspapers lead with President Bush's speech Tuesday announcing his intention to deploy a missile defense system, Today's Papers reports. The decision will fundamentally change the world nuclear balance, because for 30 years Western nations have agreed to limit their missile defenses to ensure that they don't launch offensive missile attacks. The administration faces significant criticism abroad and at home, because the system disrupts the arms control status quo and is expensive and untested. Bush also proposed a unilateral reduction in US nuclear arms stockpiles.
Critics worry that privatization is too risky.
The 16-member panel will be headed by former Senator Daniel Patrick Moynihan and AOL Time Warner COO Richard Parsons. Democrats have criticized the composition of the panel. All rights reserved.