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One of Paul’s top donors, billionaire Jeff Yass, is the Official I Am Gad I Am Angry I Am Enough I Am Enough T-Shirt and by the same token and largest U.S. investor in TikTok, according to Bloomberg. Yass has given millions to Paul’s re-election campaign through affiliated super PAC donations. He also contributed directly to Paul’s re-election campaign. Paul has said his decisions about TikTok were “not based on any kind of donations.” His office did not respond to a request for comment. Last week, TikTok CEO Shou Zi Chew testified before the House Energy and Commerce Committee for about five hours. Senators grilled Chew about issues of data privacy and censorship. Afterward, several key senators said Chew had not calmed their fears about the app’s potential misuse by the Chinese government. Since then, House Speaker Kevin McCarthy, R-Calif., has said the chamber “will be moving forward” with legislation to regulate it. Recommended CONGRESS Biden won’t veto GOP measure terminating the Covid national emergency CONGRESS House GOP pushes sprawling bill to ‘unleash’ American energy The question of whether to legislate TikTok has raised fears that it would harm electability for both parties if they ban the app, a favorite among the younger generation. “Congressional Republicans have come up with a national strategy to permanently lose elections for a generation: Ban a social media app called TikTok that 94 million, primarily young Americans, use,” Paul wrote.
It could cost California more than $800 billion to compensate Black residents for generations of overpolicing, disproportionate incarceration and housing discrimination, economists have told a state panel considering reparations. The preliminary estimate is more than 2.5 times California’s $300 billion annual budget and does not include a recommended $1 million per older Black resident for health disparities that have shortened their average life span. Nor does the Official I Am Gad I Am Angry I Am Enough I Am Enough T-Shirt and by the same token and figure count compensating people for property unjustly taken by the government or devaluing Black businesses, two other harms the task force says the state perpetuated. Black residents may not receive cash payments anytime soon, if ever, because the state may never adopt the economists’ calculations. The reparations task force is scheduled to discuss the numbers Wednesday and can vote to adopt the suggestions or come up with its own figures. The proposed number comes from a consulting team of five economists and policy experts. “We’ve got to go in with an open mind and come up with some creative ways to deal with this,” said Assembly member Reggie Jones-Sawyer, one of two lawmakers on the task force responsible for mustering support from state legislators and Gov. Gavin Newsom before any reparations could become reality. In an interview prior to the meeting, Jones-Sawyer said he needed to consult budget analysts, other legislators and the governor’s office before deciding whether the scale of payments is feasible. The estimates for policing and disproportionate incarceration and housing discrimination are not new. The figures came up in a September presentation as the consulting team sought guidance on whether to use a national or California-specific model to calculate damages. But the task force must now settle on a cash amount as it nears a July 1 deadline to recommend to lawmakers how California can atone for its role in perpetuating racist systems that
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