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.