San Francisco’s proposed reparation payments to Black residents may cost the city over $100 billion.
“The $5 million payments could top $100 billion — many times the $14 billion annual budget in San Francisco — and London Breed, the city’s mayor, has not committed to cash reparations,” according to the New York Times.
San Francisco’s African American Reparations Advisory Committee Chair Eric McDonnell told The Washington Post, “There wasn’t a math formula. It was a journey for the committee towards what could represent a significant enough investment in families to put them on this path to economic well-being, growth and vitality that chattel slavery and all the policies that flowed from it destroyed.”
The committee does not know how the city will afford the payments as San Francisco is already having budget issues.
Reporting from Fox News:
However, reparations task force member Rev. Amos Brown previously suggested to the Times that the billionaires in San Francisco could help the task force achieve its goal in the city. "Of all these billionaires in San Francisco, you could establish a reparations fund" to pay millions to Black residents, he previously told the paper.
