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Knesset Passes $262 Billion Budget Amid Haredi Tensions

1/29/2026

50 4 Full Breakdown

Summary

Story summary

The Knesset approved the 2026 state budget's first reading on January 28, 2026, by 62–55.
The budget totals NIS 811.74 billion ($262 billion), including NIS 112 billion ($34 billion) for defense.
Tensions over the Haredi draft exemption bill delayed the vote by two days.
Shas and Degel HaTorah supported the budget.
Agudat Yisrael opposed it over yeshiva students.

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Story summary

The Knesset approved the 2026 state budget's first reading on January 28, 2026, by 62–55.
The budget totals NIS 811.74 billion ($262 billion), including NIS 112 billion ($34 billion) for defense.
Tensions over the Haredi draft exemption bill delayed the vote by two days.
Shas and Degel HaTorah supported the budget.
Agudat Yisrael opposed it over yeshiva students.