What to Know in Washington: GOP Win Risks Defense Budget Fights
A potential Republican takeover of the US House next year is raising jitters over defense priorities, despite the party’s traditional hawkishness and projections of greater national security spending.
The defense budget will likely be caught in protracted battles over raising the nation’s debt limit and cutting discretionary spending if the GOP wins the House and the Senate stays in Democratic hands or has a very small Republican lead, defense market analysts say.
That uncertainty may impede both national security and defense business planning. Delayed budgets, stopgap spending, and long negotiations can affect everything including sending weapons to Ukraine and replenishing US stocks, and new programs for hypersonic weapons, satellites, and drones.
Key House Republicans are already signaling they want to use next year’s debt-limit deadline to extract concessions from Democrats. The Republican position — which members are still formulating — could set the stage for an explosive standoff next year, reminiscent of the 2011 negotiations when the Tea Party wave of Republicans took on former President Barack Obama’s administration over spending.
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With assistance from Zach C. Cohen
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