Anonymous Officials Say Trump's Military Parade Will Cost $92M

The Veterans Day military parade President Trump ordered in February has been controversial from the start, with critics wondering if Trump was trolling the nation, the Pentagon saying the tanks Trump wanted couldn't be involved, and the Office of Management and Budget warning the whole thing could cost millions. And now it turns out it may actually cost even more millions than originally thought: Officials who spoke anonymously to the AP, ABC News, and CNBC say the latest preliminary estimate is $92 million, up from an original estimate of $10 million to $30 million.

The officials say about $50 million of that is Pentagon costs including aircraft, equipment, personnel, and other support and the rest is largely related to security costs. But the estimates have not yet been finalized or released publicly, and Defense Secretary Jim Mattis has yet to approve parade plans; at least one official warns that, depending on the scope of the plans Mattis signs off on, the cost estimate could change. The defense bill Trump signed this week authorized the November parade. (More President Trump stories.)