From the Telegraph:
President George W Bush met his top generals to discuss the deteriorating situation in Iraq as it was reported that America is considering punishing Baghdad if it fails to meet deadlines to stop the violence.
The new policy would mark a dramatic shift from the previous position that progress could only be determined by the “situation on the ground”.
Instead benchmarks would be set covering progress in the Iraqi military, police and economy that if missed would result in the imposition of “penalties” by Washington.
These would include “changes in military strategy”, which could mean troop cuts or redeployment within Iraq, or the removal of ministers deemed incompetent or corrupt.
(via What Really Happened)