Pentagon Cancels Trump's Military Parade After Price Tag Jumps To $92 Million

Donald Trump

Donald Trump was so impressed by the Bastille Day celebration in France last year, he decided he wanted to throw a similar parade utilizing the U.S. military.

A big to-do marching down Pennsylvania Avenue in Washington, D.C.

Usually such expressions of military might are rare and occur after the end of a major conflict. The last such parade happened in 1991 after the conclusion of the Persian Gulf War.

But Trump wanted his parade even though he's touted cost-savings in the military lately. Most recently he cancelled military exercises with South Korea saying they were a waste. Those military games would have cost about $14 million.

Early estimates put the price tag for the military parade at around $12 million.

But today, a Pentagon official leaked an updated estimate that showed the parade would cost upwards of $92 million - almost 8 times the original estimate.

And so, this evening The Washington Post is reporting that the parade is now cancelled or postponed with the intention to "explore opportunities in 2019."

Don't you think $92 million would be better used helping our veterans in more concrete ways than marching soldiers down the street just to stroke Trump's ego?