‘5 million is too little’: Angry black residents demand MORE in reparations from California

On Wednesday, the reparations task force created by California Governor Gavin Newsom in June 2021 held a hearing in Sacramento and were told that the plan to pay $5 million to individual black residents by the separate San Francisco reparations committee was not enough and that the amount should be closer to $7.6 million.

The Daily Mail reports, one speaker at the hearing said to the committee, "I believe that $5 million in reparations is too little for the work that foundational black Americans have done for this country and as well for other countries. I believe that $7.6 million is a number that can be used very wisely in our foundational black American communities."

Foundational black Americans is a designation term referring to black Americans who are descendants of slaves.

The nine-member task force released an interim report last year that recommended delivering $223,200 each to black descendants of American slavery residing in California but a separate reparations committee ran by San Francisco's Board of Supervisors released a report in January saying black residents should receive debt forgiveness, the $5 million paycheck, and a guaranteed income of $97,000 for a total budget of $800 billion according to economists.

Reverend Tony Pierce also spoke at the hearing and said, "Where's the money? Where's the cash? Where's the check? $5 million, San Francisco's already made a move. $5 million is nothing, and I'll tell you why."

Piece said that under the San Francisco plan the $5 million would be distributed over 50 years to each person, so that, each year, after taxes, "you'll be lucky if you end up with $40,000 a year."