The U.S. Senate has passed the National Defense Authorization Act (NDAA) for fiscal year 2024, a significant $886 billion defense policy bill. The bill encompasses various key provisions, including a notable 5.2% pay raise for military personnel. This comprehensive package, aimed at guiding Pentagon funding for the upcoming fiscal year, was approved with strong support, evidenced by an 87-13 vote to end debate on the bill.
This version of the NDAA sets up a critical phase of negotiations with the House of Representatives. The objective is to reconcile differences between the Senate’s version and that of the House by the end of September. This process is crucial to finalize the bill in a form that can be presented to President Biden for his signature. However, the final form of the bill is yet to be determined as it undergoes the reconciliation process with the House version.
Primary Source: The Hill Rating
*Bias reduced by NFN
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