Economic Repercussions of Building the US-Mexico Border Wall (Essay Sample)

Economic Repercussions of Building the US-Mexico Border Wall
Student’s Name
Institutional Affiliation
Economic Repercussions of Building the US-Mexico Border Wall
The Department Of Treasury has confirmed that the United States will incur all costs in the construction of a wall along its southern border with Mexico. Currently, there are ongoing debates and intense lobbying on the economic ramifications of the proposed border wall. According to US Department of Homeland Security, the construction of the border wall will cost an estimated amount of $ 70 billion and an annual maintenance cost of $ 150 million. Both security experts and the economists have questioned the long-term importance of building the wall at the expense of vital services experiencing a budgetary deficit in the US annual budget. Since the US taxpayers will incur the cost of using the wall, it is necessary to examine the long-term economic implications of the project against the improvement of critical services in the United States.