Iran says “yes” to USA proposal

EU’s foreign policy chief Javier Solana laid out the potential rewards and consequences Tuesday. He later told Secretary of State Condoleezza Rice by phone that the Iranians had said they would need time to consider the proposal, State Department spokesman Sean McCormack said.

Solana called the discussions "very useful and constructive," McCormack said.

Bush said in Laredo that he wanted to resolve the issue with Iran diplomatically, the AP reports.

Earlier in the day, the administration said it would give Iran "a little bit of space" to consider the package but added that the offer was not open-ended.