Wild estimates on the cost of reparations in California should be taken no more seriously than claims that all Democrats want to defund the police.
have estimated that it will cost $1.2 million per Black resident, paid over a lifetime.
California, which frequently makes national headlines for experimental progressive policies, has recently reached an economic estimate.Questions of whether the state even has the finances for the payouts has been brought into question. California has an annual budget of around $237 billion, but economists on the panel said reparations could cost the state more than $800 billion.
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