INSUBCONTINENT EXCLUSIVE:
More than two-thirds of the United States House of Representatives voted in favor of a defense policy bill on Thursday that includes a
record $886 billion in annual military spending and authorizes policies such as aid for Ukraine and push back against China in the
Indo-Pacific, Reuters reported.The House backed the National Defense Authorization Act, or NDAA, by 310 to 118, with strong support from
Republicans and Democrats
It was more than the two-thirds majority required to pass the measure and send it to the White House for President Joe Biden to sign into
law.Separate from the appropriations bills that set government spending levels, the NDAA authorizes everything from pay raises for troops &
this year&s will be 5.2% & to purchases of ships, ammunition and aircraft.Because it is one of the few major pieces of legislation that
becomes law every year, members of Congress use it as a vehicle for a wide range of initiatives
It is also closely watched by major defense companies, such as Lockheed Martin (LMT.N), RTX Corp (RTX.N) and other firms that receive
Department of Defense contracts.The vote for this year&s bill, which is nearly 3,100 pages long and authorizes a record $886 billion, up 3%
from last year, meant that Congress has passed an NDAA for 63 straight years.The final version of the NDAA left out provisions addressing
divisive social issues, such as access to abortion and treatment of transgender service members, that had been included in the version
passed by the Republican-majority House over the objections of Democrats, threatening to derail the legislation.The Democratic-controlled
Senate backed the NDAA, also with a strong bipartisan majority & 87 to 13 & on Wednesday, read the report.The fiscal 2024 NDAA also includes
a four-month extension of a disputed domestic surveillance authority, giving lawmakers more time to either reform or keep the program, known
as Section 702 of the Foreign Intelligence Surveillance Act (FISA).That provision faced objections in both the Senate and House, but not
enough to derail the bill
The Senate defeated an attempt to remove the FISA extension from the NDAA on Wednesday before voting to pass the defense measure.The House
and Senate had each passed their own versions of the NDAA earlier this year
The measure approved this week was a compromise between the two parties and two chambers.The bill extends one measure to help Ukraine, the
Ukraine Security Assistance Initiative, through the end of 2026, authorizing $300 million for the program in the fiscal year ending Sept
30, 2024, and the next one.However, that figure is a tiny compared to the $61 billion in assistance for Ukraine Biden has asked Congress to
approve to help Kyiv as it battles a Russian invasion that began in February 2022, Reuters reported.That emergency spending request is
bogged down in Congress, as Republicans have refused to approve assistance for Ukraine without Democrats agreeing to a significant
toughening of immigration law.Ukrainian President Volodymyr Zelenskiy met with lawmakers at the Capitol on Tuesday to make his case for the
funding requested by Biden, but emerged from the meetings without Republican commitments.The post Congress passes $886 billion defense
policy bill, Biden to sign into law first appeared on Ariana News.
