Speaker of the House Mike Johnson, R-La., addressed the press at the U.S. Capitol Building after key legislative actions. On Wednesday, House Republicans passed the National Defense Authorization Act (NDAA), amounting to $1.1 trillion for military funding. This action came before a scheduled recess lasting over a month.
The NDAA, typically bipartisan, remained a party-line bill this year. It passed narrowly with a vote of 216 to 212, gaining the support of six Democrats. Republicans described it as a major investment in national defense, focusing on future readiness and capability. However, Democrats raised concerns about the accompanying $1.15 trillion discretionary spending, claiming it led to cuts in vital domestic programs while reducing taxes. Rep. Adam Smith, the leading Democrat on the House Armed Services Committee, voiced opposition to these measures.
In the Senate, the bill’s future is uncertain. Republicans need Democratic support to overcome the 60-vote threshold necessary for passage. Recently, Senate Democrats halted a similar bill’s progress, seeking constraints on President Trump’s military actions in Iran. The NDAA discussion occurs amid increased tension with Iran, contributing to ongoing Pentagon debates. The conflict’s costs have reached $37.5 billion, according to Defense Secretary Pete Hegseth, with 18 American fatalities and around 500 injuries.
“The debate over the NDAA comes at a critical moment for the Pentagon, as the conflict with Iran continues to escalate,” noted one observer.
Gas prices are also rising, exceeding four dollars per gallon, according to AAA.
A Separate Budget Proposal
On the same day, House Republicans forwarded a $95 billion budget plan. It allocates over $70 billion for the Iran conflict and provides $12 billion in aid for farmers. This budget also includes funding for the SAVE America Act, concerned with election modifications. It passed narrowly with a 216 to 214 vote. Although GOP fiscal conservatives expressed frustration over the lack of offsetting spending reductions, concerns existed about increasing funds for the unpopular war effort.
Speaker Johnson persuaded enough lawmakers to move the budget framework using reconciliation, which allows passage without the usual Senate 60-vote threshold. The Senate’s timeline for addressing this framework remains unknown. Majority Leader John Thune, R-S.D., aims to prioritize government funding negotiations beyond midterm elections, as current funding concludes at September’s end.
Stock Trading Restrictions for Lawmakers
The House also proceeded with a bill to restrict lawmakers from acquiring new individual stocks. They can retain pre-owned stocks and reinvest dividends, but must adhere to disclosure requirements for sales. The Stop Insider Trading Act passed with a vote of 232 to 198. Despite intentions to reduce conflicts of interest, non-partisan advocacy groups opposed the bill, citing loopholes and provisions permitting certain stock activities.
Nearly all Democrats rejected the measures, disturbed by discrepancies and the addition of an unrelated voter ID component in the package.
