The Department of Defense says the military parade originally scheduled for Veterans Day will be postponed. "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," Defense Department spokesman Col. Rob Manning said in a statement Thursday. "We originally targeted November 10, 2018, for this event but have now agreed to explore opportunities in 2019." Reports indicated that President Trump’s military parade this fall would cost an estimated $92 million, which is about $80 million more than previous projections. The figure allegedly included $50 million from the Pentagon and $42 million from agencies such as the Department of Homeland Security. An administration official told CNN the $92 million figure for the US military parade, which was first reported by CNBC, was a planning estimate for an event that would meet President Donald Trump's intent. About half that amount would have been for non-military costs like security. Defense Secretary James Mattis said the reports of a $92 million tab for the parade were not accurate while speaking to reporters Thursday while traveling in South America. "I have not seen an estimate of $92 million, the estimates are coming to me. I've given the initial guidance, but I have received no such estimate ... I haven't received an estimate of 10 million or 92 million," Mattis told reporters, according to a pool report.

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