>Underage drinking costs Americans $62 billion every year in injuries, deaths and lost work time, according to a tally released Thursday. That’s more than three times what the federal government had spent on relief for Hurricanes Katrina and Rita by mid-June.The highest costs are those associated with rapes, murders, assaults and other violent crimes committed by underage people who have been drinking, which add up to $34.7 billion. The second-highest cost was drunken-driving accidents, totaling $13.5 billion. Researchers took into account immediate costs, such as hospital bills, and long-term damage, such as lost work hours and lowered quality of life.Dividing the total cost of teen drinking by the estimated number … Continue reading >Davis Merritt