Defense & Intelligence Policy, Business and Technology

Trump’s Proposed Military Parade Already Needs an Audit

Nextgov: President Trump has proposed organizing a special military parade to honor members of the armed forces. It would be the first such parade since the 1991 National Victory Celebration marking the end of the Gulf War. With the deficit ballooning, the idea has raised concerns about it costs. The 1991 parade had a reported price tag of $12 million, equal to $22 million in 2018 dollars. Office of Management and Budget Director Mick Mulvaney told a congressional panel that the costs would be between $20 million and 30 million. While that range is in line with an extrapolation of the 1991 event, current defense costs and security requirements could push the price tag much higher.

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