TRUMP CANCELS $92M MILITARY PARADE, BLAMES POLITICIANS FOR HIGH COST
WASHINGTON — President Donald Trump said Friday he had canceled plans for a Veterans Day military parade, citing the “ridiculously high” price tag — a day after U.S. officials said the November event could cost $92 million, more than three times the price first suggested by the White House.
Trump on Twitter accused local Washington, D.C., politicians of price-gouging. But preliminary estimates from the Pentagon showed that roughly $50 million would cover military aircraft, equipment, personnel and other support. The remainder would be borne by other agencies and largely involve security costs.