President Donald Trump's proposed military parade is slated for Nov. 10 and could cost around $12 million, according to a new report.
CNN quoted three officials at the Defense Department as confirming the cost, which they termed "a planning figure." That means the final price tag could change.
The $12 million estimate is almost the cost of the biannual military exercises between the United States and South Korea, which Trump canceled in June after his summit with North Korean Leader Kim Jong Un. At the time, Trump bashed the $14 million war games as costing too much.
CNN reported Pentagon spokesman Col. Rob Manning as saying the parade is being timed with the 100th anniversary of the end of World War I, which concluded Nov. 11, 1918 when an armistice was signed between Germany and the Allies. The war did not officially end until the Treaty of Versailles was signed June 28, 1919.
Trump first got the idea of holding a military parade in Washington, D.C., after he attended a similar event on France's Bastille Day with French President Emmanuel Macron last summer.
Democrats and Republicans have pushed back on the parade idea, saying it is a waste of money and claiming the idea of showing off American military might in a parade setting is not what the military stands for.
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