Thursday, July 19, 2012

Update: Military Spending On NASCAR Safe For Now

From ESPN: NASCAR and bass fishing can count on the military to keep the sponsorship money coming.
The House voted Wednesday night to continue spending millions for the military to back sports to attract recruits for the all-volunteer force. On a vote of 216-202, the House rejected an amendment by Reps. Jack Kingston, R-Ga., and Betty McCollum, D-Minn., that would have trimmed $72.3 million for sports sponsorships from a $608 billion defense bill for fiscal 2013.
The measure had targeted the money the National Guard spends to sponsor Dale Earnhardt Jr., NASCAR's most popular driver, as well as IndyCar Series driver JR Hildebrand. It also would have cut money the Army spends on the National Hot Rod Association drag racing, funds the Marine Corps uses for the Ultimate Fighting Championship and money spent on bass fishing.
 Kingston and McCollum had challenged their colleagues' resolve to cut federal spending as the nation grapples with the trillion-plus deficit. House Republicans, their majority larger thanks to the 2010 class of tea party freshmen, have insisted on fiscal discipline and backed deep budget cuts in numerous domestic programs.
The House also rejected an effort by McCollum to reduce the budget for the military's 140 bands and 5,000 full-time musicians from $388 million to $200 million. The congresswoman had questioned the need to spend nearly $4 billion over the next decade on military bands and musical performances.
http://espn.go.com/racing/story/_/id/8178681/house-rejects-amendment-defense-bill-cut-spending-nascar-ultimate-fighting-championship-fishing
Not sure if this saves Ryan Newman's sponsorship by the U.S. Army, but I think this is good news for the military and the sporting events and teams.

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