The California Reparations Task Force, which was created by state legislation in 2020, is considering a proposal to give just under $360,000 per person to approximately 1.8 million Black Californians who had an ancestor enslaved in the U.S., putting the total cost of the program at about $640 billion. California’s budget for 2023 is $300 billion , so they are giving twice the annual budget to blacks ?
On Tuesday, the San Francisco Board of Supervisors expressed “unanimous” support for a draft plan of more than 100 reparations recommendations for the city, including a proposal to dole out $5 million each to qualifying Black residents. The proposal of $5 million lump-sum payments would cost non-Black families in the city at least $600,000, according to Stanford University’s Hoover Institution.
SOME SAN FRANCISCO RESIDENTS MAY RECEIVE $5 MILLION IN REPARATIONS AFTER BOARD EXPRESSES ‘UNANIMOUS’ SUPPORT
The city board also expressed interest in other forms of reparations for San Francisco’s roughly 50,000 Black residents, such as a guaranteed annual income of at least $97,000 for 250 years and a home in the area for just $1 a family.
The California State Legislature passed a $300 billion state budget revision Monday, prioritizing issues including affordable housing, public education and climate change.
California. The state, which is the 8th-largest economy in the world, faces a $19 billion deficit. …GO WOKE , GO BROKE