How much did the marathon bombing ordeal cost MA?

BOSTON (WWLP) — The Boston Marathon bombings closed down businesses, and the subsequent manhunt for the suspects shut down the entire city; how much did the ordeal cost Massachusetts?

According to a financial forecasting group, it cost up to $333 million to shut down Boston for a day to catch the marathon bombing suspects.

IHS Global Insight says the greater Boston area has a daily GDP of roughly $1 billion. Since most businesses were delayed rather than lost, they estimate the economic activity that couldn't be deferred was anywhere between $250 and $333 million a day.

State lawmakers also passed $6.5 million to increase security and police forces.

According to Sen. Stephen Brewer, (D) Barre, “We fund the Massachusetts state police and many other public safety accounts and local aid for the Boston Police Department and we will take and do whatever is necessary to keep the confidence and the safety of the American people and Massachusetts citizens at the forefront of all of our discussions and our thoughts.”

Beacon Hill legislators passed legislation that would pay $1.5 million for National Guard costs.

It also created a $5 million reserve fund that could be used for unanticipated emergency response expenses.

Copyright 2014 WWLP TV. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

Political Pulse

Did you like this article? Vote it up or down! And don't forget to add your comments below!

No
Like It
 
Don't Like It
 
 
 

Comments

We welcome your thoughtful comments. Be the first to participate in the discussion. All comments will display your username and avatar.

 

Add a Comment

Sign in or join now to post a comment. All comments will display your username and avatar.

 


Massachusetts (change)

 
Welcome to Massachusetts onPolitix, powered by 22News. Trust onPolitix for your latest state, local, and national political news. onPolitix is just another way 22News is working for you.
 
Offices & Officials

Governor: Deval Patrick
Lieutenant Governor: Tim Murray
Attorney General: Martha Coakley
Secretary of State: Bill Galvin

Contacting the White House and Congress

Click the links below to get in touch with your elected officials.