Reparations for black residents could cost California more than $800 billion

By Cami Mondeaux

Published March 29, 2023 1:04pm ET

Reparations for black residents could cost California more than $800 billion — A crowd listens to speakers at a reparations rally outside of City Hall in San Francisco on March 14, 2023. Economists for a California reparations task force estimate the state owes Black residents at least $800 billion for harms in policing, housing, and health. The preliminary estimate will be discussed at the Wednesday, March 29, 2023, meeting of the state reparations task force. | AP Photo/Jeff Chiu, File)

Paying reparations to black residents could cost California over $800 billion, putting the state more than 2.5 times over its annual budget amount, according to economic analysts.

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Reparations for black residents could cost California more than $800 billion

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