Trump's Military Parade Postponed After Reports Of $92M Price Tag

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The Pentagon abruptly announced the parade—originally slated for November—will be postponed to 2019.

Just hours after CNBC reported that President Donald Trump’s military parade would cost $80 million more than initial estimates, the Pentagon abruptly announced it would postpone the parade until 2019, according to POLITICO.

The Defense Department, which first planned the parade for November to coincide with Veterans Day weekend and the 100th anniversary of the end of World War I, did not give a reason for abrupt change of plan, simply issuing a statement that said it has “agreed to explore opportunities in 2019."

The announcement came only hours after a report by CNBC that the estimated cost of the parade is now as much as $92 million — far more than previous estimates of between $12 million and $30 million.

Lawmakers on both sides of the aisle have criticized Trump’s insistence on a military parade, which is characteristic of authoritarian regimes.

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Comments (1)
No. 1-1

Good. It's a high price to satisfy his outrageous ego.