US House Passes $725bn Defense Bill

The US House of Representatives has passed a massive $725 billion defense bill, including around $160 billion in funding for the US-led wars in Iraq and Afghanistan.

The legislation, passed by 341 votes to 48 on Friday, authorizes the Defense Department to spend nearly $160 billion on overseas combat missions in fiscal year 2011 without major restrictions on the conduct of operations, the Associated Press reported.

The figure is higher than the $128 billion budget for fiscal year 2010. The official cost of the wars in Iraq and Afghanistan has now surpassed $1.1 trillion.

Some estimates say that between 40 and 50 percent of the US federal budget goes to military spending, which is a far higher proportion that any other government in the world spends.

The legislation will continue to restrict the transfer of detainees from the Guantanamo Bay prison camp to the United States.

This is a major setback for President Barack Obama's efforts to close the controversial prison.