House-Senate Defense Conference Agrees on $640.7 Billion
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House and Senate negotiators agreed on U.S. defense legislation authorizing about $640.7 billion in the current fiscal year for the Pentagon and related programs at agencies such as the Energy Department.
The annual authorization legislation calls for added economic sanctions on Iran, while giving President Barack Obama more time to implement them, lawmakers told reporters yesterday at the Capitol. The administration had said it was too soon to add to the sanctions already in place.