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From the CNN Center in Atlanta, I'm Nicole Lapin.Here is a look at what's happening right NOW IN THE NEWS.

President Bush just outlines some broad proposals in a speech at the White House, leaning heavily on a tax relief as the best way to boost short term economic growth. The president didn't give too many specifics as bipartisan negotiations¹ with Congress are still ongoing² over a stimulus³ package.

And a high ranking member of the State Department is now giving up his post after 26 years in the Foreign Service under Secretary of State, Nicholas Burns is now leaving for the private sector⁴. Secretary of State Condoleezza Rice made the announcement this morning, and President Bush has nominated US Ambassador to Russia, William Burns to fill the place.

In Nevada caucuses⁶ are coming up tomorrow, and 9 precincts will be in casinos. A federal judge ruled that workers can actually caucus⁵ there. The State Teachers Union filed a lawsuit⁷ protesting the plan after the Culinary Union endorsed⁸ Senator Obama. The Teachers Union has not endorsed Clinton but the Culinary Workers Union has accused the teachers of trying to tilt⁹ the race in her favor. The president of the Nevada State Education Association says that the lawsuit basically has nothing to do with candidate preference.

A preliminary report is now saying that two engines on that British Airways¹⁰ flight that came down short of the runway did not respond to an increase in thrust. The Air Accident Investigation¹¹ Branch released a report today - the Boeing 777 from Beijing hit a grassy¹² area before skidding¹³ hundreds of yards to the tarmac. 17 people were hurt. There was no fire but the plane did sustain heavy damage, to its wings, undercarriage, and engines. The crash backed up air traffic four hours and led to the cancellations of more than 50 Heathrow flights today.

A 400-dollar tip has changed the life of a Missouri waitress who is also a college student. See a customer overheard Mary Lina Hayes telling a co-worker how she was struggling so badly to pay for her textbooks, so she left a note behind saying good luck with school and included a 400 dollar tip for books. Hayes said that she really hopes to see that generous customer yet again to thank her personally.

That's a quick update at some of the headlines making news this hour. Stay with CNN for more on those stories and other news of the day.