Prime Minister Benjamin Netanyahu's coalition government is racing to pass the 2026 state budget by the March 31 deadline, as failure would automatically dissolve the Knesset and trigger snap elections within 90 days under Israeli law. Recent polls, including those cited in Reuters on March 25, show the coalition falling short of a Knesset majority despite heightened tensions with Iran, reflecting trader concerns over Netanyahu's eroding support amid prolonged war fatigue and internal fractures. Opposition parties like Yesh Atid and Blue and White have repeatedly submitted dissolution bills this year, though prior attempts failed after ultra-Orthodox concessions. With proportional representation requiring coalition negotiations, the budget vote remains the pivotal near-term catalyst before scheduled October elections.