Knesset committee approves NIS 3.4b budget expansion to fund evacuees, reserve soldiers

Sam Sokol is a former political correspondent at The Times of Israel. He was previously a reporter for the Jerusalem Post, Jewish Telegraphic Agency and Haaretz. He is the author of "Putin’s Hybrid War and the Jews"

Following a heated debate, the Knesset Finance Committee approves a bill increasing the 2024 state budget by almost NIS 3.4 billion ($924 million) for the second and third readings needed for it to pass into law.

The bill is intended to help fund evacuated civilians and reserve soldiers until the end of the year.

The bill passed its first reading in the plenum 57-51 earlier this month despite the warnings of both professionals in the Finance Ministry and the opposition, which argues that it fails to curb coalition spending and that its increased expenditures come at the expense of the middle class.

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