Trump's military parade is now estimated to cost $92 million – $80 million more than earlier estimate
President Donald Trump's military parade is estimated to cost $92 million, according to a U.S. defense official with firsthand knowledge of the assessment.
An earlier estimate pegged the cost at $12 million.
The parade will take place in the nation's capital on Nov. 10 and will feature armored vehicles, aircraft flyovers and period uniforms.
Amanda Macias | @amanda_m_macias
President Donald Trump's military parade this fall is shaping up to cost $80 million more than initially estimated.
The Department of Defense and its interagency partners have updated their perspective cost estimates for the parade, according to a U.S. defense official with firsthand knowledge of the assessment. The official spoke on the condition of anonymity.
The parade, slated for Nov. 10, is estimated to cost $92 million, the official said. The figure includes $50 million from the Pentagon and $42 million from interagency partners such as the Department of Homeland Security. An initial estimate last month pegged the prospective cost for the parade at $12 million.
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https://www.cnbc.com/2018/08/16/trump-military-parade-expected-to-cost-80-million-more-than-estimated.html