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Trump's military parade is now estimated to cost $92 million – $80 million more than earlier estimate
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| Contributor | RP |
| Last Edited | RP Aug 16, 2018 11:14am |
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| Category | Event |
| Author | Amanda Macias |
| News Date | Thursday, August 16, 2018 04:20:00 PM UTC0:0 |
| Description | The Department of Defense and its interagency partners have updated their perspective cost estimates for the parade, according to a U.S. defense official with firsthand knowledge of the assessment. The official spoke on the condition of anonymity.
The parade, slated for Nov. 10, is estimated to cost $92 million, the official said. The figure includes $50 million from the Pentagon and $42 million from interagency partners such as the Department of Homeland Security. An initial estimate last month pegged the prospective cost for the parade at $12 million.
The $92 million cost estimate includes security, transportation of parade assets, aircraft, as well as temporary duty, or TDY, for troops. The official also noted that while the size and scope of the military parade can still shift, the plans currently include approximately eight tanks, as well as other armored vehicles, including Bradleys, Strykers and M113s. |
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