The officials spoke on condition of anonymity to discuss early planning estimates that have not yet been finalized or released publicly. The Pentagon's portion of that tab was as high as $50 million, which would pay for equipment, troops, flyovers and support staff, the official said. Other agencies, like the Department of Homeland Security, would incur other costs.
Details are not final and haven't been approved by Defense Secretary Jim Mattis.
Trump decided he wanted the parade after he attended France's Bastille Day celebration in Paris past year. Trump tweeted after meeting North Korean leader Kim Jong Un in Singapore. The event would focus "on the contributions of our Veterans throughout the history of the U.S. Military, starting from the Revolutionary War and the War of 1812 to today, with an emphasis on the price of freedom" - not just awesome military gear.
Organizers had suggested that the 2018 Veterans Day parade could mark the 100th anniversary of the end of World War I. In fact, there would be no tanks, only wheeled vehicles, due to concerns over damaging the streets (and possibly, because the Pentagon wanted to scale back the authoritarian theme).
The White House would have been consulted on the decision to postpone the parade, the official said.
When the White House in February announced the commander-in-chief's desire to hold a parade in Washington, the budget director said it would cost between US$10 million and US$30 million.
In the Legion statement, however, National Commander Denise Rohan cautioned that a parade at the current time would be premature since the USA still remains engaged in the war on terror (the last time a parade was held in Washington was to celebrate the end of the Gulf War in 1991). "We're going to have to try to top it, but we have a lot of planes going over and a lot of military might, and it was really a handsome thing to see, and representatives from different wars and different uniforms".