One Giant Leap for Babykind, from the (Feb. 25?) New York Post.
A mother born February 29, 1980 is due to have a baby on February 29, 2008. (Her doctors have said they'll induce labor that day if it doesn't happen naturally.)
Now, one out of every 1461 days is a leap day; assuming that the events of a mother and a baby being born on that day are independent (which seems reasonable), this should be true for about one in every (1461)2 = 2,134,521 mother-baby pairs. So about 140 people in the U. S. should be born on February 29 and also have a mother born on that day.
I was actually reading the article expecting them to make some sort of mathematical mistake -- this feels like the sort of place where an "expert" is consulted and gives some ridiculous figure -- but they managed to restrain themselves.