Speed Reads

Not exactly chump change

Pentagon: U.S. airstrikes against ISIS costing $7.5 million per day

The Pentagon announced on Friday that the United States' ongoing airstrikes against ISIS holdings in Iraq is costing more than $7.5 million per day. Officials noted the cost has grown since operations began on August 8. They also said the Pentagon should have enough existing funds to continue the campaign through Sept. 30, which marks the end of this fiscal year.

However, Time notes that assumes President Barack Obama does not order similar airstrikes on ISIS holdings in Syria.

"As you might imagine, it didn't start out at $7.5 million per day," Pentagon Press Secretary Rear Admiral John Kirby, said. "It's been — as our activities have intensified, so too has the cost."

Through Friday, the United States has carried out a total of 110 airstrikes in the region.