NEWYou can now listen to Fox News articles!
EXCLUSIVE: High-level Trump administration officials, including chief of staff Susie Wiles, met Thursday morning at the White House with key defense industry stakeholders, and White House officials laid out their vision for the House of Representatives’ current budget reconciliation package related to crucial funding for the Iran war.
Wiles, Department of War and Office of Management and Budget (OMB) leaders and leaders from 17 top defense contractors including Raytheon, BAE Systems, Honeywell, Northrop Grumman, Lockheed Martin, Palantir and others, were in attendance for the meeting, according to a Trump administration official.
The Trump administration representatives laid out their vision for what is being called “Reconciliation 3.0.”
The purpose of the meeting was to ensure that all the companies were aligned on the importance of this reconciliation package being passed, which, according to the administration official, they were.
REPORTER’S NOTEBOOK: HOUSE’S FINAL SPRINT PUTS SAVE AMERICA ACT AND IRAN FUNDING IN PLAY
The budget reconciliation process allows the party in power in Congress to pass sweeping fiscal policy legislation while completely sidelining the other side — in this case, Democrats.
It does so by bypassing the Senate filibuster — which needs 60 votes to overcome — allowing the upper chamber to line up with the House’s own simple majority threshold.
Reconciliation 3.0 includes $73 billion for Pentagon and intelligence funding, which is largely tied to replenishing U.S. weapons caches for the Iran war.
GOP’S $95B DEFENSE PACKAGE SURVIVES CRITICAL HURDLE AMID FISCAL HAWK REVOLT
While Wiles and the other Trump administration leaders articulated their vision for the third reconciliation bill, the entire room bought in and committed to their plan, the source told Fox News Digital.
Further, the defense company leaders spoke favorably about the White House’s approach and said they were working hard to advocate for lawmakers on the Hill to pass the House budget resolution before the imminent August recess.
The House has passed a framework with cash targets for relevant committees, but now those committees need to provide details about how that money will be spent. The main players are the House Armed Services Committees and the House Intelligence Committee.
The president has vigorously advocated to get the deal done.
“I am asking all House Republicans to VOTE YES this week on the Budget Resolution, which is an important first step towards getting a Budget Bill,” he said Monday on TRUTH Social.
Read the full article here
