San Francisco board gives unanimous support for reparations plan to give black residents $5M each
Stanford University's Hoover Institution predicts that the proposal would cost about $200 billion, or nearly $600,000 for each non-black resident.
San Francisco officials are unanimously supporting a recommendation by the city-appointed reparations committee to give eligible black adult residents $5 million each.
The preliminary reparation plan backed Tuesday by the city's Board of Supervisors would also give such residents a guaranteeing yearly incomes of at least $97,000 for the next two and a half centuries.
Upon hearing the committee's report for the first time, at a meeting Tuesday, board members "voiced enthusiastic support for the ideas listed, with some saying money should not stop the city from doing the right thing," according to the Associated Press.
While San Francisco, among the most liberal cities in the country, has fewer than 50,000 black residents, it is unclear how many would qualify for reparations.
On reported qualification is recipients would have to have been impacted by the so-called "war on drugs."
Stanford University's Hoover Institution predicts that the proposal would cost $200 billion – or nearly $600,000 for each non-black resident.
A final reparations committee report is expected by June.