Trump's military parade is now estimated to cost $92 million – $80 million more than earlier estimate
Aug 17, 2018 03:51:10 #
Gosh, I hope all of our homeless vets will be able to watch? I'm sure they would be up-lifted in being able to watch a military parade in honor of his pumpkinfuhrer...
https://www.cnbc.com/2018/08/16/trump-military-parade-expected-to-cost-80-million-more-than-estimated.html
President Donald Trump's military parade is estimated to cost $92 million, according to a U.S. defense official with firsthand knowledge of the assessment.
An earlier estimate pegged the cost at $12 million.
The parade is scheduled to take place in the nation's capital on Nov. 10 and will feature armored vehicles, aircraft flyovers and period uniforms.
President Trump’s military parade is now estimated to cost $92 million
President Donald Trump's military parade — postponed after this article was originally published — is shaping up to cost $80 million more than initially estimated.
The Department of Defense and its interagency partners have updated their prospective 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, originally slated for Nov. 10 but now potentially set for 2019, is estimated to cost $92 million, the official said. The figure consists of $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.
A Pentagon spokesman said in an email to CNBC that the Defense Department expects to make an announcement soon, but he would not comment further. The White House referred questions to the Defense Department.
The $92 million cost estimate includes security, t***sportation of parade assets, aircraft, as well as temporary duty 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.
The official also said that experts put to rest concerns about whether the Abrams tank, which weighs just shy of 70 tons, would ruin infrastructure in Washington. Their analysis found that, because of the vehicle's distributed weight and track pads, the streets of the nation's capital would not be c*********d.
The parade is also expected to include helicopter, fighter jet, t***sport aircraft as well as historical military plane flyovers. Troops in period uniforms representing the past, present and future forces will march in the parade, as well.
Inspiration from France
The ceremony is said to be largely inspired by Trump's front-row seat at France's Bastille Day military parade in Paris.
In September, Trump met with French President Emmanuel Macron and recalled how much he enjoyed watching the parade. "It was a tremendous day, and to a large extent because of what I witnessed, we may do something like that on July 4 in Washington down Pennsylvania Avenue," Trump said.
"We're going to have to try to top it, but we have a lot of planes going over and a lot of military might, and it was really a beautiful thing to see, and representatives from different wars and different uniforms," he added.
https://www.cnbc.com/2018/08/16/trump-military-parade-expected-to-cost-80-million-more-than-estimated.html
President Donald Trump's military parade is estimated to cost $92 million, according to a U.S. defense official with firsthand knowledge of the assessment.
An earlier estimate pegged the cost at $12 million.
The parade is scheduled to take place in the nation's capital on Nov. 10 and will feature armored vehicles, aircraft flyovers and period uniforms.
President Trump’s military parade is now estimated to cost $92 million
President Donald Trump's military parade — postponed after this article was originally published — is shaping up to cost $80 million more than initially estimated.
The Department of Defense and its interagency partners have updated their prospective 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, originally slated for Nov. 10 but now potentially set for 2019, is estimated to cost $92 million, the official said. The figure consists of $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.
A Pentagon spokesman said in an email to CNBC that the Defense Department expects to make an announcement soon, but he would not comment further. The White House referred questions to the Defense Department.
The $92 million cost estimate includes security, t***sportation of parade assets, aircraft, as well as temporary duty 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.
The official also said that experts put to rest concerns about whether the Abrams tank, which weighs just shy of 70 tons, would ruin infrastructure in Washington. Their analysis found that, because of the vehicle's distributed weight and track pads, the streets of the nation's capital would not be c*********d.
The parade is also expected to include helicopter, fighter jet, t***sport aircraft as well as historical military plane flyovers. Troops in period uniforms representing the past, present and future forces will march in the parade, as well.
Inspiration from France
The ceremony is said to be largely inspired by Trump's front-row seat at France's Bastille Day military parade in Paris.
In September, Trump met with French President Emmanuel Macron and recalled how much he enjoyed watching the parade. "It was a tremendous day, and to a large extent because of what I witnessed, we may do something like that on July 4 in Washington down Pennsylvania Avenue," Trump said.
"We're going to have to try to top it, but we have a lot of planes going over and a lot of military might, and it was really a beautiful thing to see, and representatives from different wars and different uniforms," he added.
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