HASC Approves Reconciliation Package with $25 Billion for Golden Dome
The House Armed Services Committee (HASC) approved the reconciliation package it crafted with the Senate Armed Services Committee to spend an additional $150 billion on defense through FY2034. It is the first step in a process to enact President Trump’s agenda to cut government spending, but at the same time make the 2017 tax cuts permanent, provide additional tax cuts, and add spending for defense, energy and border security. The bill includes about $25 billion for the Golden Dome missile shield that envisions space-based interceptors.