New Estimate For Trump's Military Parade Is $92M
WASHINGTON (AP) — A U.S. official says the Veterans Day military parade ordered up by President Donald Trump would cost about $92 million — more than three times the maximum initial estimate.
The official — who spoke on condition of anonymity to discuss plans that haven't been released yet — says about $50 million would cover Pentagon costs for equipment, personnel and other support for the November parade in Washington. The remainder would be borne by other agencies and would include security costs.
Details are not final and haven't been approved by Defense Secretary Jim Mattis.
The White House budget office earlier estimated to Congress the parade would cost between $10 million and $30 million.
Trump decided he wanted the parade after he attended France's Bastille Day celebration in Paris last year.
The last time a national military parade was held in the capital was June 1991 to celebrate the U.S. victory in the first Gulf War.
"Eight thousand Desert Storm troops marched in the national parade, 200,000 people watched the parade," CBS News reported. According to The Washington Post, it cost $8 million.
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