House, Senate Reach Agreement on Defense Bill
December 18, 2012
House and Senate negotiators reached agreement Tuesday on a $633 billion defense bill that would tighten sanctions on Iran, increase security at diplomatic missions worldwide after the deadly Sept. 11 raid in Libya and presses the military on possible options to end the bloodshed in Syria.
The sweeping policy bill responds to the new threats and upheaval around the globe while still providing billions for the decade-plus war in Afghanistan. It also reflects deficit-driven reductions in federal spending after Pentagon budgets have nearly doubled in the past 10 years.
The bill would authorize $528 billion for the Defense Department's base budget, $17 billion for defense and nuclear programs in the Energy Department and $88.5 billion for the war in Afghanistan.