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U.S. Congress nears compromise agreement on massive annual defense bill -Breaking

by Mike Robinson

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© Reuters. U.S. Senate Majority leader Chuck Schumer (D–NY) strolls through Washington’s U.S. Capitol, U.S.A. on November 17, 2021. REUTERS/Elizabeth Frantz

WASHINGTON (Reuters] – U.S. Senate Minority Leader Chuck Schumer claimed Monday that Republican leaders had reached a compromise for the National Defense Authorization Act. The massive, annual bill, which sets policy for Pentagon, is a huge annual bill.

“This week we anticipate that we can reach a final conference arrangement on the NDAA,” said the Democratic leader as he opened Senate.

The NDAA passes normally with strong bipartisan support. Industry and other interest groups closely monitor it because it affects everything. From how many missiles or ships are bought to the pay raises for soldiers to geopolitical threats.

In this year’s bill, $770 billion is authorized for military expenditures. The bill was delayed due to disputes about matters such as the amount of defense spending and whether President Joe Biden should impose sanctions on Russia for its pipeline.

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