California Reparations Task Force Recommends $800 Billion in Pay-Outs

Posted on by | 115 Comments
California Reparations Task Force Recommends $800 Billion in Pay-Outs
Spread the love

The California Reparations Task Force, appointed by Boy Gov. Gavin Newsom, voted Saturday to recommend the state pay out as much as $800 billion to the descendants of enslaved or free black people who were in the U.S. by the end of the 19th century. That’s 2.5 times the size of California’s annual budget. Recipients could rake in as much as $1.2 million each.

Or more. Much more. Because San Francisco’s reparations advisory committee has recommended the city’s qualified African American residents be given a $5 million lump sum.

The committee also proposed “the elimination of credit card debt, car and student loans; a string of tax breaks; and 250 years of special benefits for African Americans such as a  guaranteed income of $97,000 a year (adjusted for inflation); and the ability to buy homes for $1,” says Rowena Itchon of the Pacific Research Institute.

“Reparations are not only morally justifiable, but they have the potential to address long-standing racial disparities and inequalities,” Rep. Barbara Lee, D-Calif., said after attending the meeting.

Share This Post

Related Posts

115 Responses to "California Reparations Task Force Recommends $800 Billion in Pay-Outs"

Post Comment