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U.S. House Approves $95B Iran War Budget
The US House of Representatives approved a budget of $95 billion, supported by the Republican Party, aimed at funding the war against Iran. The financial package allocates funds for military expenses, national security, support for farmers affected by recent events, and amendments to voting laws. The Republicans utilized the "Budget Reconciliation" process to bypass Democratic objections, despite opposition from some conservative members who consider it an additional burden that increases the fiscal deficit. The budget now heads to the Senate, where passing it may face challenges due to hesitation from some members, amid rising costs of the Iran conflict which have already reached $37.5 billion. The budget is deemed essential to prevent a shortfall in military funding.
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