Black residents in San Francisco could receive a life-changing amount of money in the form of reparations if a plan backed by the city's Board of Supervisors gets enacted.
The board voiced support for the city's reparations committee's recommendation to pay eligible Black adult residents $5 million and also recommended eliminating personal debt, tax bills, and instituting guaranteed yearly incomes starting at $97,000 for the next 250 years, according to the Associated Press.
There are estimated less than 50,000 Black residents living in San Francisco, only 6 percent of the current population.
Like other such plans explored around the country to improve Black generational wealth, it received some pushback from the local community.
"Those of my constituents who lost their minds about this proposal, it's not something we're doing or we would do for other people. It's something we would do for our future, for everybody's collective future," said Rafael Mandelman, San Francisco supervisor.
While the board said it was open to the reparations proposal in an effort to atone for slavery and institutionalized racism, some supervisors have said the city cannot afford major reparations payments. Lee E. Ohanian, a professor with Stanford University's Hoover Institution, estimated that the plan could cost non-Black families at least $600,000 per household.
"This conversation we're having in San Francisco is completely unserious. They just threw a number up, there's no analysis," said John Dennis, chair of the San Francisco Republican Party.
Two men who were active-duty members of the Marines Corps when they stormed the U.S. Capitol pleaded guilty on Monday to riot-related criminal charges.
The Human Rights Campaign, for the first time in its 40-year history, declared a state of emergency for the LGBTQ+ community as anti-LTBTQ+ sentiment is on the rise. Cheddar News explains.
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Donald Trump arrived in Florida on Monday ahead of a history-making federal court appearance on dozens of felony charges accusing him of illegally hoarding classified documents and thwarting the Justice Department's efforts to get them back.
The Supreme Court said Monday it won't review North Carolina's decision to stop issuing specialty license plates with the Confederate flag.
The Human Rights Campaign has declared a state of emergency for the lgbtq+ community. The unprecedented move comes after the passage of more than 75 anti-gay bills this year alone. Here with more is Cheddar News senior reporter Chloe Aiello.
President Joe Biden welcomed hundreds to the White House on Saturday for a delayed Pride Month celebration aimed at showing LGBTQ+ people that his administration has their back at a time when advocates are warning of a spike in discriminatory legislation, particularly aimed at the transgender community, sweeping through statehouses.
Silvio Berlusconi, the boastful billionaire media mogul who was Italy’s longest-serving premier despite scandals over his sex-fueled parties and allegations of corruption, died Monday. He was 86.
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Cheddar News checks in to see what to look out for Next Week on the Street as former president Donald Trump makes an appearance in federal court after being indicted. Investors will also keep an eye on the Federal Reserve meeting to see what comes out of that while earnings continue to pour in.
