BREAKING: Israel's parliament passes first national budget in 3 years, clearing a key hurdle for the country's new government.
Israeli Prime Minister Naftali Bennett attends a cabinet meeting at the Prime Minister's office in Jerusalem, Wednesday, Nov. 3, 2021. Israeli lawmakers are set to begin marathon voting on Wednesday to try and pass the first national budget in three years, a major test for the fractious coalition government that was sworn in earlier this year after four divisive elections.
JERUSALEM — Israel’s parliament passed a national budget for the first time in three years early on Thursday, avoiding a November deadline that would have triggered fresh elections. Failure to pass the budget by Nov. 14 would have brought down the government that was sworn into office in June and triggered a fifth election in barely three years, giving former Prime Minister Benjamin Netanyahu an opportunity to return to power.
The Knesset began its overnight session of voting on a series of budget bills, including hundreds of amendments, late on Wednesday. The assembly opened with Bennett and Netanyahu delivering speeches attacking one another.The ruling coalition headed by Bennett includes eight parties from across the political spectrum and has a razor-thin margin of 61 seats in the 120-member assembly.
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