Trump's military parade estimated to cost $92 million

Clay Curtis
August 17, 2018

A military parade ordered by US President Donald Trump for later this year has been postponed until at least 2019, a defense official said Thursday (Aug 16), following reports the cost had soared to over US$90 million.

The estimated cost for the parade, originally slated for November 10, had jumped $80 million, The Associated Press reported Thursday citing an unnamed Pentagon official.

He wrote that "the local politicians who run Washington, D.C".

Sources had told NPR's Tamara Keith and Tom Bowman last February that the cost could be anywhere from $3 million to $50 million.

It is not clear if any of this cost would go toward reimbursing the Washington, D.C., city government's cleanup or road fix.

Col. Manning said the Thursday parade would honor America's military veterans and commemorate the centennial of World War I.

Even before becoming president, aides reported that Trump had considered a military parade to mark his inauguration - although that idea was eventually scrapped. "Now we can buy some more jet fighters!"

Turkey will emerge stronger from lira crisis despite row with United States : minister
The action drove the Turkish lira to a record low against the dollar and spurred declines in other emerging market currencies. Earlier on Wednesday, Erdogan spoke on the phone with German Chancellor Angela Merkel, the Turkish presidency.

Trump has also embraced military backdrop for several speeches and presidential visits.

The president said the drills were provocative and that cancelling them would save "a tremendous amount of money". "Any cost estimates are pre-decisional". It also said there would be "wheeled vehicles only, no tanks - consideration must be given to minimize damage to local infrastructure". Instead, he is blaming the government of the District of Columbia, which is conveniently civilian and heavily African-American.

In 1991, tanks and thousands of troops paraded through Washington to celebrate the ousting of President Saddam Hussein's Iraqi forces from Kuwait in the Gulf War.

United States media pointed out that Donald Trump cancelled planned military exercises with South Korea in June after his meeting with North Korean leader Kim Jong-un on the grounds it would "save a fortune".

A Pentagon memo from March said the parade route would have a "heavy air component at the end of the parade".

Trump's administration has already faced a fair amount of criticism for the parade's price tag, particularly from those who think the money could better honor veterans by helping those who return to the USA without the proper resources.

"We're going to have to try to top it", Trump reportedly joked to Macron at the UN General Assembly in September.

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