MONEY (MSM)

Army’s plans to cut 60,000 could be a blow to the economy

The U.S. Army’s plan to cut nearly 60,000 military and civilian employees in the next few years has sent shockwaves through Congress and sparked fears about the adverse effect it could have on a still-struggling economy and scores of military communities across the county. The proposals revealed by the military over the past couple of days – calling for the elimination of 40,000 military personnel and 17,000 civilian workers –