"Bush lashes out."
At a press conference moments ago:
“We will not go along with a partisan fishing expedition aimed at honorable public servants. The initial response by Democrats unfortunately shows some appear more interested in scoring political points than in learning the facts. It will be regrettable if they choose to head down the partisan road of issuing subpoenas and demanding show trials. And I have agreed to make key White House officials and documents available. I proposed a reasonable way to avoid an impasse, and I hope they don’t choose confrontation. I will oppose any attempts to subpoena White House officials.”
UPDATE: Sen. Patrick Leahy (D-VT) said, “I don’t accept [the White House's] offer. It is not constructive and it is not helpful to be telling the Senate how to do our investigation, or to prejudge its outcome. … Testimony should be on the record, and under oath. That’s the formula for true accountability.”