Instead of bringing the deficit under control by 2014, as the White House had planned, the administration now says significant reductions won't take place until 2018.

WSJ: Obama Seeks New Taxes on Rich

The Administration now says the debt to GDP ratio will peak in 2014 at 78.2%, but that will be true only if spending growth slows and economic growth is more rapid.

WSJ: Review & Outlook: Debt and Growth

The Portuguese administration says it has now done much to improve the efficiency of its law enforcement: streamlining the police force, rooting out corrupt officials and arresting the five main triad heads in Macau.

ECONOMIST: Macau: Taking a gamble | The

But the BBC's Rob Watson, who is travelling with the US president, says the Bush administration believes it is now up to France and others to make the next move.

BBC: G8 tackles trade and terror

Now the Bush Administration says that it will change the language in the legislation to answer the court's concerns.

NPR: President to Ask for Line-Item Veto

For now, the administration says its holding firm.

CNN: Budget battle continues as new deadline nears

"There is no possibility of repeal of the estate tax with Congress so divided, " says Ronald Pearlman, a former Reagan Administration Treasury official and now head of the graduate tax law program at Georgetown University Law Center.

FORBES: Where's My Tax Cut?