• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Factbox-US defense bill covers troop pay, weapons and transgender kids

by December 19, 2024
written by December 19, 2024

WASHINGTON (Reuters) – The U.S. Senate on Wednesday passed the National Defense Authorization Act, or NDAA, which sets policy for the Pentagon, for the 64th straight year, sending it to the White House for President Joe Biden’s signature.

Because it is one of the few major bills that becomes law every year, lawmakers use the NDAA as a vehicle for a range of initiatives, some more directly related to the military than others.

Here is a look at some notable provisions of the 1800-page Fiscal 2025 NDAA.

WHAT IS THE TRANSGENDER PROVISION?

The bill bans the military health program, TRICARE, from covering some gender-affirming care for the transgender children of service members if it could risk sterilization, a provision that caused some Democrats to vote no in the Senate and in the House.

The measure was denounced by groups that support transgender rights, but Democrats who backed the bill said the provision was far more narrow than some Republicans had wanted. For example, during negotiations on this year’s bill, some Republicans had pushed to ban TRICARE from covering gender-affirming care for adults.

President-elect Donald Trump’s Republicans have made opposition to the rights of transgender people a focus of so-called “culture war” politics, using it successfully as a wedge issue during the 2024 U.S. elections.

COUNTERING CHINA, BOLSTERING TAIWAN

The NDAA steers resources toward countering China, seen as the biggest geopolitical threat to the United States.

Among other things, the bill authorizes $300 million to help Taiwan acquire capabilities from anti-ship missiles and radars to coastal and missile defense, and measures to enhance diplomatic and economic backing for Taiwan.

It also includes new restrictions on China and Chinese businesses, including requiring reports on China’s economic outlook, biotechnology industry and synthetic opioids.

The bill also extends bans on the military purchasing Chinese products, adding bans on drone technology as well as garlic in military commissaries.

MIDDLE EAST

The measure authorizes $500 million for U.S.-Israel missile defense, including funds for Israel’s Iron Dome, David’s Sling and Arrow systems. It also increases and expands to $80 million from last year’s $50 million authorization for U.S.-Israel anti-tunneling cooperation.

And it requires the Secretary of Defense and director of the Defense Intelligence Agency to provide Israel with defense intelligence and support of Israel’s pursuit of Hamas and the capture or killing of Hamas officials.

QUALITY OF LIFE AND PAY RAISES FOR THE TROOPS

The NDAA authorizes an unusually high 14.5% pay increase for the lowest-ranking troops, and 4.5% for the rest of the force, recognizing that many military families have been forced to rely on food stamps and other forms of public assistance to make ends meet.

The bill also authorizes $3 billion to improve military housing, and it will expand child care benefits, which military leaders had described as an obstacle toward recruitment.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Fed’s hawkish surprise ahead of the holidays puts January pause in spotlight
next post
Lennar reports Q4 results below estimates on increased cost from higher interest rates

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

      May 14, 2025
    • Fintech company Chime files for Nasdaq IPO

      May 14, 2025
    • Father and son fraudsters sentenced in case of $100 million New Jersey deli

      May 13, 2025
    • UnitedHealth CEO suddenly steps down for ‘personal reasons’

      May 13, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (459)
    • Stock (6,426)

    Latest News

    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
    • Fintech company Chime files for Nasdaq IPO

    Popular News

    • Earnings call: Preferred Bank posts strong Q3 results, eyes stable margins
    • Former Bank of Canada governor Carney enters race to replace Trudeau

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy