GOP Budget Chairs Push Reconciliation 2.0 With Defense Spending Increase

Senate Budget Chair Lindsey Graham and House counterparts are advancing a new reconciliation bill that includes increased defense spending to support the Iran war effort. The push follows the Iran conflicts disruption of global economies but rising defense spending projections. Breaking Defense analysis projects the conflict will significantly boost business for major defense contractors, particularly those involved in precision munitions, missile defense, and unmanned systems.