Browsing: deficit

As the deficit spirals to record levels, there’s no shortage of politicians eager to cut the fat from the federal budget. What exactly constitutes “fat” is usually a matter of perception, and a proposal by Rep. Betty McCollum to end the Pentagon’s sponsorships of NASCAR race teams illustrates how even the smallest of proposed cuts can generate a lot of pushback. McCollum’s amendment to the 2011 budget has been met with resistance from NASCAR, where three cars — Ryan Newman’s #39 Army car, Dale Earnhardt’s #88 National Guard car and AJ Allmendinger’s #43 car — are sponsored by the military. …

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