Trump’s Military Parade To Cost 666 Percent More Than Earlier Estimate

PARIS, FRANCE - JULY 14: U.S. First Lady Melania Trump (L) and U.S. President Donald Trump (R) watch the annual Bastille Day military parade along Avenue des Champs-Elysees in Paris, France on July 14, 2017. Bastille... PARIS, FRANCE - JULY 14: U.S. First Lady Melania Trump (L) and U.S. President Donald Trump (R) watch the annual Bastille Day military parade along Avenue des Champs-Elysees in Paris, France on July 14, 2017. Bastille Day opened by American troops with President Donald Trump as the guest of honor to commemorate the 100th anniversary of the United States' entry into World War I. (Photo by Mustafa Yalcin/Anadolu Agency/Getty Images) MORE LESS
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August 16, 2018 12:32 pm
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President Donald Trump’s military parade is estimated to cost $92 million — a whopping $80 million more than an earlier estimate, according to an unnamed “U.S. defense official with firsthand knowledge of the assessment,” CNBC reported Thursday.

In July, CNN reported that the parade would cost approximately $12 million, according to three unnamed U.S. defense officials. In February, White House Budget Director Mick Mulvaney told Congress the parade would cost between $10 million and $30 million.

CNBC reported Thursday that the $92 million figure would be split between the Pentagon, $50 million, and the Department of Homeland Security and other “interagency partners,” $42 million.

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