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Trump's military parade could be delayed until next year

President Donald Trump watches the annual Bastille Day military parade in France. Photo: Mustafa Yalcin/Anadolu Agency/Getty Images

The highly anticipated military parade proposed by President Trump that was originally slated for November 10, could be delayed until next year, reports the Washington Post citing a Pentagon spokesperson.

Why it matters: The delay is likely due to a significant increase in cost, first reported by CNBC, which was allegedly raised $80 million to $92 million, from the original $12 million estimate.