US migrants spark mass exodus from New York as residents flee from rising cost of crisis
EXCLUSIVE: GB News has been told the $12billion migrant bill could be enough to ‘bankrupt the city’
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The ongoing migrant crisis in New York is believed to be one factor behind the mass exodus of the middle class from New York, GB News understands.
As many as 110,000 migrants have arrived in the city since the spring of last year, with over 10,000 arriving each month.
Adams claimed the city had spent as much as $12billion (£9.69billion) in the last three years as the number of migrants coming across the border has exploded.
WATCH JOHN FUND EXPLAIN THE MIGRANT CRISIS
Speaking to GB News, US political commentator John Fund said: “Just over 10 per cent of the migrants that have arrived in New York City are from Texas, sent by Governor Abbott.
“The rest have arrived because New York City has a several decade-old law issued by a court, not even a legislature, that says everyone in New York who arrives has a right to shelter, a right to sanctuary, and a right to food.
“So that is bankrupting the city.
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“And there's some questions as to whether or not New York City can approach the court and ask for some kind of relief.
“Right now the bill is $12billion and that would be enough to bankrupt the city in short order.”
When asked about the cost of the crisis on individual New Yorkers, Fund added that many people feel “frustrated” with the influx of asylum seekers and the cost they must pay.
“It's borne by the New York City taxpayers,” Fund said.
He added: “We already pay the highest taxes in the country.
“The marginal tax rate for many New Yorkers even in the middle class is over 50 per cent.
“And so this is just another example of why New Yorkers are leaving the country.
“New York has lost about two or three per cent of its population since COVID began, and many of them to Florida and Texas and Nevada and Tennessee that don't have an income tax.
“So I think this [the migrant crisis] only accelerates the departure of the middle class, which is the base of any major city and it's a transfer of populations.
“The migrants come in, frustrated middle-class people leave.”