McClatchy:

President Barack Obama will outline in a major speech on Sunday a blueprint for ridding the world of nuclear weapons that calls for the United States to reduce its reliance on history's deadliest arms and lead a new international effort to prevent terrorists from acquiring them.

The plan would reverse the former Bush administration's policy that made nuclear weapons a central pillar of U.S. security policy by preserving an arsenal of thousands of warheads, expanding the targets against which they could be used and embracing the development of new weapons.

Under Obama's proposals, the United States also would return to its previous policy of negotiating complex international arms agreements, an approach that the former Bush administration viewed as being too cumbersome and restricting of U.S power.

Obama's plan reflects the idea that the dangers posed by the spread of nuclear arms can be curbed only if the United States leads in bolstering the global non-proliferation system, which experts say was badly eroded by the Bush policy, and by the Iranian, North Korean, Israeli, Indian and Pakistani nuclear programs.

What a concept. And this sounds smart:

The plan would include establishing an IAEA-run "bank" from which countries would buy fuel for power reactors, relieving them of the need to build enrichment facilities that could be used for weapons programs.