Some economists have estimated that the state could owe roughly $800 billion in reparations, or 2.5 times California’s $300 million annual budget.
That estimate, however, doesn’t include the recommended $1 million per older Black resident for disparities in health care responsible for shortening their average life span or the amount to compensate residents whose property was unfairly taken by the government or devalued.
But the number does account for the $246 billion to compensate eligible residents subjected to mass incarceration and overpolicing from 1970 to 2020 and the $565 billion for redlining – a discriminatory practice – in housing loans.
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