Donald Trump’s $92 Million Military Parade Postponed – President Blames D.C. Politicians For Higher Costs

On Thursday, the Defense Department announced that President Donald Trump‘s military parade would cost $92 million and will be delayed until 2019.

“The Department of Defense and White House have been planning a parade to honor America’s military veterans and commemorate the centennial of World War I,” said a statement. “We originally targeted November 10, 2018 for this event but have now agreed to explore opportunities in 2019.”

According to an U.S. official the initial estimate costs of the parade, $12 million, had risen to $92 million. Also, the initial estimate was based off of a review of the capital’s last military parade for the 1991 Gulf War. Before that figure, White House budget director Mick Mulvaney told the House Budget Committee in February that the cost could range between $10 and $30 million.

Trump first mentioned the idea of a grand parade after attending France’s Bastille Day parade last summer. “We’re going to have to try to top it,” he later told French President Emmanuel Macron.

On Friday, the president tweeted that he personally cancelled the parade, blaming local D.C. politicians for reports of a price tag higher than the original estimated cost.

Serious planning for the parade just began in June, four months after Trump directed the Defense Department to organize it. “There is only one person who wants this parade,” said a senior U.S. official at the time, referring to Trump, to NBC News.