UPI: Gun violence costs U.S. $229B annually, analysis says

Sept. 18 (UPI) -- Gun violence costs the United States $229 billion -- or 1.4 percent of the gross domestic product -- each year, an analysis by Rep. Carolyn Maloney, D-N.Y., released Wednesday indicates.

Lost income and spending by victims, employer costs, healthcare treatment, and police and criminal justice responses contribute to the direct economic impacts of gun violence, the report said. Indirect impacts come from reduced quality of life due to pain and suffering.

Gun violence killed 39,773 people in 2017, the highest number in 40 years.

"As we talk about the costs of gun violence, let us never forget that the biggest, most tragic cost it the loss of human life. I believe that Congress must act to help stem the gun violence epidemic in our country," Maloney said during a hearing at which the data was presented.

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