BR100 Increased By (0.01%)
BR30 Decreased By (-1.15%)
KSE100 Increased By (0.09%)
KSE30 Decreased By (-0.05%)
AGHA 6.03 Decreased By ▼ -0.02 (-0.33%)
BECO 3.83 No Change ▼ 0.00 (0%)
BML 56.40 Decreased By ▼ -1.93 (-3.31%)
BOP 28.07 Decreased By ▼ -0.28 (-0.99%)
CNERGY 12.28 Decreased By ▼ -1.36 (-9.97%)
CSIL 5.34 Increased By ▲ 0.13 (2.5%)
FCCL 53.85 Increased By ▲ 1.57 (3%)
FFL 12.79 Decreased By ▼ -0.11 (-0.85%)
FNEL 1.12 Decreased By ▼ -0.01 (-0.88%)
KEL 5.64 Decreased By ▼ -0.15 (-2.59%)
KOSM 5.38 Decreased By ▼ -0.13 (-2.36%)
LOTCHEM 23.60 Decreased By ▼ -0.29 (-1.21%)
MLCF 92.03 Increased By ▲ 1.52 (1.68%)
NBP 162.30 Increased By ▲ 2.58 (1.62%)
NCPL 48.79 Decreased By ▼ -0.81 (-1.63%)
NPL 50.50 Decreased By ▼ -1.30 (-2.51%)
OGDC 302.42 Decreased By ▼ -4.36 (-1.42%)
PACE 9.14 Decreased By ▼ -0.01 (-0.11%)
PAEL 31.75 Decreased By ▼ -0.58 (-1.79%)
PIBTL 12.80 Decreased By ▼ -0.13 (-1.01%)
PPL 211.50 Decreased By ▼ -2.43 (-1.14%)
PRL 87.26 Decreased By ▼ -9.70 (-10%)
PTC 43.99 Decreased By ▼ -1.20 (-2.66%)
SSGC 22.77 Increased By ▲ 0.24 (1.07%)
TBL 8.90 Decreased By ▼ -0.12 (-1.33%)
TELE 6.49 Decreased By ▼ -0.23 (-3.42%)
TPL 24.10 Decreased By ▼ -1.81 (-6.99%)
TPLP 12.15 Decreased By ▼ -0.45 (-3.57%)
TREET 23.50 Increased By ▲ 0.04 (0.17%)
TRG 51.75 Decreased By ▼ -0.21 (-0.4%)
World Print edition: 2026-07-24

US House approves USD95bn budget plan with Iran war funding

  • The measure was narrowly approved in a 216-214 vote and now heads to the Senate, where its fate is uncertain
Published Updated
By

WASHINGTON: The US House of Representatives approved a USD 95 billion budget framework on Wednesday, with most of the funding earmarked for the Pentagon to fund the war against Iran.

The measure was narrowly approved in a 216-214 vote and now heads to the Senate, where its fate is uncertain.

The plan provides USD 73 billion for the armed forces and intelligence agencies, notably to fund operations linked to the war against Iran, as well as USD 12 billion in aid for farmers affected by President Donald Trump’s trade war.

An additional USD 10 billion would go toward election-related programs as part of Trump’s push to enact new nationwide voting restrictions while his broader “SAVE America Act” lacks enough support to proceed.

The budget package represents the party’s last major legislative push before November’s midterm elections, the outcome of which will determine whether the party retains its majority in Congress and thus continues to shape the remainder of Trump’s second term.

The resolution, which for now is only a budget framework, would allow House Republicans — if it is approved by the Senate — to draft detailed legislation later in the summer.

The aim would then be to try to pass it in the Senate by a simple majority using an expedited budget procedure, thereby bypassing the usual 60-vote threshold and Democratic opposition.

House Speaker Mike Johnson said the measure approved Wednesday “puts Congressional Republicans on a path to enacting two fundamentally simple and crucial goals: securing American elections and strengthening our homeland.”

Democratic Representative Rosa DeLauro, meanwhile, denounced a measure that would allow Trump to finance the continuation of his war against Iran.

“The American people do not want more open-ended, aimless, expensive, and deadly wars in the Middle East. They want the price of basic necessities like food, housing, healthcare, childcare, and gasoline to go down,” she said.

The cost of living in the United States is a central issue in the run up to the midterm elections, as inflation remains persistent.

Comments

200 characters remaining