Federal Financial Analysis of the Legalization of Drugs

Federal Financial Analysis of Legalization of Drugs

This Federal financial analysis of legalization comes from Theodore R. Vallance, Former chief of the Planning Branch of the National Institutes of Mental Health. His main professional effort for many years was directed at just this sort of analysis. The analysis was published in the 7-10-95 issue of National Review.


Reductions (in millions of $)     From      To        Saving  
Direct
Law Enforcement                   13,203    3,300      9,903
*Interdiction costs                2,200        0      2,200
*International anti-drug             768      384        384
*OCDETF (Organized Crime & Drug      399       40        359
          Enforcement Task Force)            
ONDCP (the "drug czar")               69       17         52
Indirect
Victims of Crime                     842      210        632
Incarceration                      4,434      887      3,547
Crime careers                     13,976    2,679     11,297
                                                    ________
Subtotal                                              28,374
Less increase in prevention research and service      (3,572)
Less increase in treatment research and service       (2,802)
                                                    ________
Subtotal                                              22,000
Plus net income from drug taxes                       15,000
                                                    ________
Total                                                 37,000
*1993 Figures.

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