San Francisco reparations committee proposes $5 million to each eligible Black person
Lump sum payments would be in hundreds of billions, many times the city's entire current budget.
By Valerie Richardson - The Washington Times - Monday, January 16, 2023
If you’re Black and you have an ancestor who was enslaved before 1865, this might be a good time to head to San Francisco.
The city’s reparations committee has recommended giving each Black person who meets the criteria a lump-sum payment of $5 million, along with a bonanza of financial benefits that includes a guaranteed income of $97,000 for at least 250 years and paying off all educational and personal debts.
“Through a tailored plan, San Francisco can redress the public policies explicitly created to subjugate Black people in San Francisco by upholding and expanding the intent and legacy of chattel slavery, whose vestiges continue to have impacts today,” said the San Francisco African American Reparations Advisory Committee in a December 2022 report that hit Bay Area news outlets over the weekend.
San Francisco has a Black population of about 44,930, according to the 2020 U.S. Census. If all those residents were eligible, the lump-sum price tag alone would be about $225 billion. San Francisco’s 2022-23 budget was $14 billion.
Sooooooooooooo.........how will they actually pay for that??????