Army to miss its goal in recruiting this month
The Army expects to miss its February and March recruiting goals amid manpower strains from Iraq and Afghanistan. Army Secretary Francis J. Harvey says no draft is considered and a revised sales pitch will appeal to parental patriotism. The Air Force and Navy face fewer recruiting problems, while the Army and Marines lag.
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Army
Francis J. Harvey
Harvey
Defense Company
Pentagon
Iraq
Afghanistan
Congress
Defense
Donald H. Rumsfeld
United States
Air Force
Navy
Social Security crisis deepens as 2017 outlook set
Trustees warn Social Security will pay out more in benefits than taxes in 2017 and go broke by 2041, a year earlier than prior estimates. Medicare is also projected to run deficits, with insolvency expected by 2020. Officials urge action and outline reform pressures amid Bush administration push for retirement accounts.
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Treasury
John Snow
Board of Trustees For Social Security and Medicare
Center
Treasury Department
Washington
Labor
Elaine Chao
Secretary of Health and Human Services
Mike Leavitt
Trustees
Health and Human Services
Leavitt
February inflation quickens as prices rise across energy and services
The Labor Department reports February CPI up 0.4 percent, the largest gain in four months, signaling renewed inflation momentum. Energy costs lead the rise with gas, while education and medical care also climb. the Fed may stay aggressive, with the Dow slipping modestly.
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Washington
Labor Department
Federal Reserve
Fed
Oscar Gonzalez
John Hancock Financial Services
Wall Street
Dow Jones
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