The Week In The News: Palestine, Afghan Assassination, A Deficit Plan

Obama's deficit plan. Markets reel. Palestinians at the U.N. Don't Ask, Don't Tell is over. Our weekly news roundtable goes behind the headlines.

Stock markets around the world reeling this week as everybody tries to figure out what’s going on. Europe in trouble. The fed doing the twist. The president rolling out a deficit reduction plan to follow up his jobs plan –- and Republicans are saying no to both.

In Afghanistan, the peace talks leader, killed. At the U.N., Palestinians making their bid for full membership with the U.S. and Israel, very lonely, saying no. Don’t ask, don’t tell is history. Two young Americans are freed by Iran. And the execution of Troy Davis is not stayed.

This hour On Point: our weekly news roundtable goes beyond the headlines.
-Tom Ashbrook

Bryan Monroe, editor of CNNPolitics.com.

David Sanger, chief Washington correspondent for the New York Times.

Jack Beatty, On Point news analyst.

The Economist "In a speech in Washington, DC, on September 15th, Mr Boehner flatly declared tax increases “off the table”. Four days later Mr Obama proposed a detailed deficit-reduction plan that combines token trims to entitlements with multiple extra taxes on the rich. The newly combative president also promised to veto any attempt by Congress to cut health-care benefits without also raising taxes on the wealthy."

CNN "Palestinian President Mahmoud Abbas' ambitious push to gain full U.N. membership may seem unrealistic, but analysts say he is making hard-nosed calculations rooted in domestic politics."

CBS News "The attacker bowed his head in respect of the 70-year-old ex-president who headed the Afghan peace council. A split second later, he detonated a bomb hidden inside his turban."