‘Squad’ Member Jamaal Bowman Pushes $14 Trillion Reparations Bill

Rep. Jamaal Bowman (D-NY) proposed a $14 trillion reparations plan Tuesday that would give all 42 million black Americans $333,000 for the lasting effect of slavery on their lives.

Boman believes that this money could be given without raising anyone’s taxes while the federal government foots the bill.

“When COVID was destroying us, we invested in the American people in a way that kept the economy afloat,” Bowman told the Journal News in an interview published January 16. “The government can invest the same way in reparations without raising taxes on anyone.”

“Where did the money come from? We spent it into existence,” he added.

The resolution, H.R. 414, was introduced by Rep. Cori Bush (D-MO) and sponsored by eight other lawmakers.

According to Breitbart, the resolution covers more than just the effects of slavery to also “cover restitution for more government policies the disenfranchised black Americans including banking, consumer, housing, health, education, and employment discrimination.”

The resolution cites economists and scholars who estimate how much the U.S. benefited from forced labor between 1619 and 1865. The final number came to $97 trillion in today’s market based on an estimated 222 trillion hours of forced labor.

“There were 246 years of free labor that produced trillions or hundreds of trillions of dollars for the U.S. economy,” said Bowman. “The economy wouldn’t exist in the way it does today if slavery hadn’t built it.”

Not to be unreasonable, Bowman said that the $14 trillion did not need to be paid back to black Americans immediately.

“Who says the $14 trillion needs to be paid out in one shot,” said Bowman. “It might be possible for it to be paid out over five or 10 or 20 years. You could take that $333,000 and break it up into monthly checks over X amount of time. There are creative ways to do the right thing and do what needs to be done.”

As of now, the bill does not have a sponsor in the Senate and will not move forward if one does not come forward.