The world’s attention will focus on Capitol Hill and then on New York this morning, as Treasury Secretary Henry M. Paulson Jr. testifies to Congress at 9:30 a.m., followed by President Bush’s speech to the United Nations at 10:30.
The president will make comments to the press about the economy earlier this morning, around 8:30, at the top of his first meeting ever with Pakistani President Asif Ali Zardari.
If the current economic crisis had not interfered, the president’s speech this morning would have been a legacy speech, with all of the focus on his past eight years in office, and with a few attempts to shape the main frozen crises currently at large: Russia and Georgia, Iran, and North Korea.
But with the U.S. economy teetering, and the administration’s $700 billion rescue plan hitting some resistance in Congress, world leaders are looking to Bush for reassurances that things are not going to get worse.
You can read more on this in our story on the front page of Tuesday’s newspaper.