livingston
20×102mm Vulcan
A number of House Democrats led by Rep. Cori Bush introduced a resolution Thursday to reignite a push for federal reparations that would amount to over half the U.S. GDP.
The resolution states that the U.S. has a 'legal and moral' obligation to provide reparations for the enslavement of black people and calls for $14 trillion to be paid - 'at least the amount of the black white wealth gap,' Bush told DailyMail.com during a press conference.
The entire U.S. GDP was $25 trillion in 2022. The U.S. is already $31.4 trillion in debt and lawmakers are currently engaged in tedious negotiations over where to cut the budget so they can raise the debt limit.
The $14 trillion figure is in line with the findings of Duke University professor and economist William 'Sandy' Darity, who estimates the wealth gap is in excess of $300,000 per person and there are roughly 40 million black people whose ancestors were enslaved in the U.S.
Biden, on the campaign trail, said he supported a study of the idea of reparations.
The resolution states that the U.S. has a 'legal and moral' obligation to provide reparations for the enslavement of black people and calls for $14 trillion to be paid - 'at least the amount of the black white wealth gap,' Bush told DailyMail.com during a press conference.
The entire U.S. GDP was $25 trillion in 2022. The U.S. is already $31.4 trillion in debt and lawmakers are currently engaged in tedious negotiations over where to cut the budget so they can raise the debt limit.
The $14 trillion figure is in line with the findings of Duke University professor and economist William 'Sandy' Darity, who estimates the wealth gap is in excess of $300,000 per person and there are roughly 40 million black people whose ancestors were enslaved in the U.S.
Biden, on the campaign trail, said he supported a study of the idea of reparations.
Dem calls for $14 TRILLION in reparations for descendants of slaves
House Democrats led by Rep. Cori Bush introduced a resolution Thursday to reignite a push for federal reparations that would amount to over half the U.S. GDP.
www.dailymail.co.uk