Pool/Getty
The Pentagon has postponed a planned military parade–estimated to cost over $90 million–from November of this year until next year, according to a statement from the Defense Department. “The Department of Defense and White House have been planning a parade to honor America’s military veterans and commemorate the centennial of World War I,” spokesman Col. Rob Manning wrote. “We originally targeted November 10, 2018 for this event but have now agreed to explore opportunities in 2019.” A CNBC report on Thursday revealed that the parade was going to cost $92 million, up wildly from an initial projection of $12 million. The Nov. 10 parade was going to feature armored vehicles, flyovers, and soldiers dressed in historical uniforms. The last U.S. military parade, in 1991 after the end of Operation Desert Storm, cost $8 million. President Trump previously said he wanted the U.S. to “top” the military parade he saw while visiting France.