The opioid epidemic cost the U.S. $2.7 trillion in 2023 in expenses on loss of life, loss of quality of life, loss of labor force productivity and crime.
The opioid epidemic cost the U.S. $2.7 trillion in 2023 in expenses related to loss of life, loss of quality of life, loss of labor force productivity, crime and costs to the healthcare system, according to a study obtained byThe Council of Economic Advisers, an agency within the executive office, released these findings on Friday.
Since taking office, President Donald Trump has been in the works of leveraging tariffs on Canada, Mexico and China as part of his plan to close off the border and reduce the flow of fentanyl into the U.S. Critics say that these tariffs will lead to higher costs for U.S. consumers purchasing goods from those nations.
"Ever since his first entry into politics back in 2015, President Trump has been committed to tackling the opioid epidemic that is destroying American lives, families, and communities," White House deputy press Secretary Kush Desai told Fox News Digital on Friday.in this study was crime. The report found that “police protection, court proceedings, correctional facility use and property loss stemming from opioid-related crime cost the U.S. $63 billion,” Fox reports.
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