The preliminary estimate is more than 2.5 times California's $300 billion annual budget, and does not include a recommended $1 million per older Black resident for health disparities that have shortened their average life span.
Task force recommendations are just the start because ultimate authority rests with the state Assembly, Senate and the governor.
Gov. Newsom signed legislation in 2020 creating the reparations task force after national protests over the death of George Floyd, a Black man, at the hands of Minneapolis police. While federal initiatives have stalled, cities, counties and other institutions have stepped in. The numbers are approximate, based on modeling and population estimates. The economists also included $569 billion to make up for the discriminatory practice of redlining in housing loans. Such compensation would amount to about $223,000 per eligible resident who lived in California from 1933 to 1977. The aggregate is considered a maximum and assumes all 2.5 million people who identify as Black in California would be eligible.
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Reparations for Black Californians could top $800 billionEconomists for a California task force on potential reparations for Black residents estimate payouts could reach more than $800 billion for harm caused by policing and housing discrimination
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Reparations for Black Californians could top $800 billionSAN FRANCISCO (AP) — It could cost California more than $800 billion to compensate Black residents for generations of over-policing, disproportionate incarceration and housing discrimination, economists have told a state panel considering reparations.
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Reparations for Black Californians could top $800 billionEconomists for a California task force on potential reparations for Black residents estimate payouts could reach more than $800 billion for harm caused by policing and housing discrimination
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Reparations for Black Californians could top $800 billionIt could cost California more than $800 billion to compensate Black residents for generations of over-policing, disproportionate incarceration and housing discrimination, economists have told a state panel considering reparations.
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Reparations Committee Gets Input From Black San FranciscansThe SF African-American Reparations Committee met Sunday at Glide Church to get feedback from Black San Franciscans on what they thought should be included in its reparations plan. Thom Jensen reports.
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Reparations advocate has no idea how San Francisco can give Black residents $5 million eachA reparations advocate from Evanston, Illinois, told CNN on Tuesday that she doesn't know how San Francisco will award their Black residents $5 million each.
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