The Cost of Terror: Oklahoma City Bombing Cost $681 million Plus Lives

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

As we mark the 15th anniversary since Timothy McVeigh bombed the Alfred P. Murrah Federal Building in Oklahoma City. Let’s take a look at the $681 million in costs associated with this domestic terrorism:

  • The U.S. Department of Justice released figures showing the federal government spent $82.5 million investigating and prosecuting Timothy McVeigh’s case.
  • McVeigh’s defense cost taxpayers about $15 million.
  • The Alfred P. Murrah Federal Building cost $14.5 million to build in 1977.
  • The Oklahoma City National Memorial cost $29 million.
  • 312 buildings were damaged in the blast, including 10 that collapsed and 25 more with structural damage, according to theOklahoma City’s Department of Public Works. The total cost was estimated at $500 million.
  • The new Federal Building just north of the memorial cost $40 million.

Most costly were the lives lost and the destruction thrust on the surviving families. The blast killed 168 people – 19 of them children – and injured over 680 others (the burial, medical costs, and gross costs to the families were not available).

More Articles About:
Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business