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Trump's military parade estimated to cost $92 million
A soldier from the U.S. Army's 10th Mountain Division salutes U.S. President Donald Trump during the president's visit to Fort Drum, New York, U.S., August 13, 2018.
The new figure consists of 50 million dollars from the Pentagon and $42 million from interagency partners.
An earlier estimate put the cost at 12 million dollars, $80 million less, said the report, Xinhua reported.
The new figure consists of 50 million dollars from the Pentagon and $42 million from interagency partners such as the Department of Homeland Security.
The parade is scheduled to take place in US capital city Washington on November 10 this year, featuring armored vehicles, aircraft flyovers and period uniforms.
The final plan has not been approved by Defence Secretary Jim Mattis, according to local media.
The ceremony is said to be largely inspired by Trump's front-row seat at France's Bastille Day military parade in Paris last year.
The United States has not held a major military parade in Washington since 1991 to mark the end of Operation Desert Storm.
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