Texas Rep. Brian Babin, a Republican, introduced a bill last week to prevent federal bailouts of cities and states that implement reparations programs.
introduced the No Bailouts for Reparations Act last week, which would prohibit federal bailouts or financial assistance from going to states or municipalities operating programs giving reparations for slavery.
Texas Republican Rep. Brian Babin introduced the No Bailouts for Reparations Act last week which would prohibit federal bailouts or financial assistance from going to states or municipalities operating programs giving reparations for slavery. According to Babin’s bill, the U.S. government,"including the Federal Reserve System and independent agencies, may not provide any loan, grant, or other form of financial assistance to the government of any State or political subdivision thereof, or any agency or instrumentality of such a State or political subdivision, that enacts into law any program providing reparations on the basis of slavery; or race, ethnicity, national origin, or historical practices related thereto.
In Fulton County, Georgia, the task force has been appropriated $250,000 to investigate the county's past and whether it should financially atone for past transgressions against its Black population.
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