House Releases Text Of USD$95 Billion National Security Package

The United States House of Representatives Appropriations Committee has released the final text of House Speaker Mike Johnson's (R-LA) USD$95 billion national security supplemental package ahead of a vote on Saturday evening.

• Committee Chairman Tom Cole (R-OK) said in a statement: “I know this to be true: if we don’t help our friends in time of need, soon enough, we won’t have any friends at all. The time is now to act." Summary of the final package, per the Committee:

The Israel Security Supplemental Appropriations Act, 2024 (text) [USD$26 billion]

• Replenishes the Iron Dome and David’s Sling systems, critical resources that protect civilians and have no offensive capabilities.
• Procures defensive weapons, artillery, and munitions.
• Backs U.S. military operations responding to Iranian-backed terror.
• Restocks defense articles and services provided to Israel.

The Ukraine Security Supplemental Appropriations Act, 2024 (text) [USD$61 billion, of which $23 billion will used to replenish domestic stockpiles]

• Provides weapons and lethal assistance to Ukraine to support their fight against Putin’s forcible invasion and attack of a sovereign nation.
• Procures advanced weapons systems, defense articles, and defense services.
• Supports U.S. defense initiatives in the region.
• Strengthens transparency, monitoring, and oversight of all aid provided.
• Requires cost-matching requirements from other U.S. allies and implements a repayment agreement from the government of Ukraine.

The Indo-Pacific Security Supplemental Appropriations Act, 2024 (text) [USD$8 billion]

• Strengthens deterrence over Beijing’s growing military provocations around Taiwan.
• Invests in submarine, dry dock construction, and production of artillery and critical munitions.
• Curbs the Chinese Communist Party’s strategy to acquire control over the Indo-Pacific region.
• Enhances security cooperation with regional partners and supports U.S. military operations.