Rep. Jamaal Bowman Proposes $14 Trillion Reparations Package

Bowman Argues Funds Can Be 'Spent into Existence' Over Several Years, Drawing Criticism and Opposition

Democratic congressman Jamaal Bowman has proposed a $14 trillion reparations package, arguing that the money can be 'spent into existence' without raising taxes.
Bowman suggests the reparations could be paid out over a period of 5, 10, or 20 years, similar to how the government handled COVID-19 relief funds.
The reparations bill, cosponsored by Bowman and other left-wing lawmakers, has been criticized for its high cost, which is more than half of America's 2022 GDP.
Several lawmakers, including Reps. Mondaire Jones (D.) and Mike Lawler (R.), as well as Westchester County executive George Latimer (D.), oppose the bill.
Bowman argues that the reparations package is morally necessary due to the economic impact of slavery on the black community.