Analysis: Texas Gov’s Border Stunt Cost $9B In GDP

Axios reports:

Texas Gov. Greg Abbott’s rule doubling the inspections for commercial trucks coming in from Mexico caused delays that cost the U.S. nearly $9 billion in gross domestic product, according to one analysis. The rule, which Abbott has since rescinded, prompted fierce backlash and snarled cross-border traffic for days.

Between April 6 and 15 — when the rule was in effect — the U.S. lost an estimated $8.97 billion because of the delays at the border, according to an analysis by Texas-based the Perryman Group. Texas lost an estimated $4.23 billion in gross product, the group found.

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