DefenseHighConfirmedAccelerating
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US House passes FY2027 National Defense Authorization Act at $1.15 trillion
InfoMoney·US·about 6 hours ago
The US House of Representatives has moved to authorize a defense budget surpassing the one-trillion-dollar threshold. The legislation remains subject to Senate approval and final reconciliation, leaving the ultimate fiscal impact and specific policy provisions uncertain.
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The US-Iran conflict is escalating with reported strikes on US military bases in Jordan and alleged drone strikes on US facilities in Kuwait. Confidence in these reports varies, with some claims remaining unverified. The situation is complicated by potential Russian involvement and escalating rhetoric over the Strait of Hormuz.