U.S. military operations targeting Islamic State militants in Iraq cost $7.5 million a day on average, Pentagon Press Secretary Adm. John Kirby said on Friday.
The operations have been ongoing since mid-June when President Obama announced in June that he was sending a "small number" of military advisers to Iraq to support security forces.
The U.S. began the targeted airstrikes on Aug. 8. Since then, the military has conducted a total of 101 airstrikes across Iraq, adding up to a total of $500 million.
.@PentagonPresSec says US spending av $7.5m a day since June 16th. 75 days = >$500m so far on operations in #Iraq— Jon Williams (@WilliamsJon) August 29, 2014
The money is comes out of the Overseas Contingency Operations fund, which has a $79.4 billion annual budget. According to the Department of Defense's 2014 budget request, the billions in funding was earmarked to support Operation Enduring Freedom (OEF) –- mostly in Afghanistan –- though some was flagged to go towards the transition in Iraq.