Quakes Rattle Anchorage As Center Logs Two 4.8/M5 Variations
Two sharp earthquakes struck Anchorage within 45 seconds of each other early Wednesday. The Alaska Tsunami Warning Center recorded magnitude 4.8 for both quakes, centered about 10 miles southeast of the city, while the Alaska Earthquake Information Center listed first quake at 5.1 and second at 4.9, centered four miles southeast of Anchorage. No major damage or injuries were reported.
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Anchorage
Alaska
Bruce Turner
Alaska Tsunami Warning Center
Palmer
Tsunami Center
Alaska Earthquake Information Center
Fairbanks
Aging crisis seen as less severe for U S than abroad
Census Bureau projects U S 65 plus population could rise nearly 80 percent by 2025 as baby boomers retire yet aging impact may be milder than in other developed nations due to immigration and fertility patterns. Fewer workers will fund Social Security and Medicare, with solvency concerns lingering for future generations.
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Washington
United States
America
Census Bureau
Bureau
Richard Suzman
National Institute On Aging
Bush reiterates 20 billion pledge for New York recovery
President Bush, in New York for two Pataki fundraisers, touts a 20 billion aid promise and a 3.5 billion budget plan for local firefighters and responders. He labels North Korea, Iran and Iraq as an axis of evil and defends US resolve against terror and hostile nations.
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Bush
George Pataki
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Mitch Daniels
Lawmakers challenge trimmed shipbuilding plan in high stakes budget
On Capitol Hill lawmakers fault the administration plan to cut shipbuilding as the Pentagon budget climbs by 48 billion to 379 billion. Rep. Ike Skelton warns the 200-ship Navy goal remains far from replacement rates while Sen. Edward Kennedy argues the Bush plan lags Clinton era levels and defense spending. Rumsfeld defends funding gaps saying future needs must meet replacement rates. The Navy outlines yearly ship totals of five for 2004 and up to 10 in 2007.
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Ike Skelton
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Donald H. Rumsfeld
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Bush Administration
Congress debates preventing Enron style collapses in bankruptcy reforms
Washington lawmakers clash over changes to bankruptcy and securities laws to deter corporate fraud. Senator Leahy urges expanding racketeering action against frauds, while Senator Hatch warns of enormous damages. Debates over safe harbor rules and PUHCA repeal also surface amid Enron fallout.
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Congress
Enron
Leahy
Ranking Committee
Orrin Hatch
Utah
Hatch
House
Senate
Russell Feingold
Dwis
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