House Republicans dropped a $95 billion budget resolution on July 15 that channels fresh money toward Pentagon operations tied to the Iran conflict, agricultural aid, and stricter voter registration rules. The crypto industry, which has been courting Washington with increasing intensity, was notably absent from the 47-page document.
The resolution is a sequel to the sweeping tax and spending bill President Donald Trump signed into law in 2025. The $95 billion comes with zero offsets. No spending cuts elsewhere, no new revenue sources. Just new spending on top of existing obligations.
What’s actually in the bill
The money breaks into three buckets. The largest chunk goes to supplementing Pentagon funding for ongoing Iran-related military operations, which have driven multi-hundred-billion-dollar increases in defense budgets through mid-2026. Farm aid makes up a second tranche, a political necessity for Republican members representing agricultural districts. The third piece involves federal voter registration mandates, specifically proof-of-citizenship requirements.
That voter ID component connects to the SAVE America Act, which already cleared the House but has stalled in the Senate. Rolling it into a budget resolution is a procedural play to keep the issue alive without needing the 60-vote threshold that standalone legislation would require.
