Watch Newsy On TV

Trump's Military Parade Could Be Delayed Amid Rising Costs

SMS
Trump's Military Parade Could Be Delayed Amid Rising Costs
The Bastille Day-inspired parade is estimated to cost $92 million.
SHOW TRANSCRIPT

President Donald Trump's proposed military parade may be delayed until next year amid rising costs. 

A Pentagon spokesperson said, “We originally targeted November 10, 2018 for this event but have now agreed to explore opportunities in 2019.” 

A report by CNBC estimates the event would cost close to $92 million. That's $80 million higher that it was originally estimated to cost. 

The parade, which was reportedly inspired by Bastille Day celebrations in France, was originally estimated to cost around $12 million.