U.S. economy loses billions of dollars a year due to the sharp decline in refugee admissions, economists says

The decline of refugees arriving in the U.S. costs the overall economy over $9.1 billion a year, according to a peer-reviewed paper published in the Oxford Review of Economic Policy. 

“The sharp reduction in U.S. refugee admissions starting in 2017 costs the overall U.S. economy today over $9.1 billion per year,” the paper concluded. It also cost public coffers “at all levels of government” over $2 billion per year, it added.

“Florida Gov. Ron DeSantis, a Republican, sent two flights of Venezuelan migrants to Martha’s Vineyard from San Antonio, Texas last week. A Texas sheriff opened an investigation on Monday into the legality of the flights.”

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