According to a report by “Fox Business News” host Charles Payne, in an episode of “Making Money”, the United States’ first Americanized-African president is preparing to reward some of the descendants of those who endured the African holocaust for the past several hundred years and involuntarily labored without compensation while building this country into the superpower it eventually became.

“The news is a glimpse of much bigger news that is going to come from the White House, next year, I’m leaning towards,” Payne predicted, after talking local reparations in Chicago. “I think that there’s going to be an official apology from the White House for slavery in America and then a major push to get cash, and I’m talking lots of cash.”

He continued, “Many, including those closest to President Obama, will push him to make this happen. I actually think it would be a major mistake. Instead, Obama should really discuss and focus on all of the progress we have made and how all Americans need to move forward for better days for all of our kids.”

Chicago is proposing a $5.5 million reparations package for those who were victimized by the ruthless regime of Police Commander Jon Burge from 1972 to 1991. Backed by Mayor Rahm Emanuel, compensation will be meted out in the form of free college tuition, counseling for drug abuse and psychological issues, and it would include a formal apology from the city, according to the Chicago Tribune.

“Reparations—by which I mean the full acceptance of our collective biography and its consequences—is the price we must pay to see ourselves squarely,” Ta-Nehisi Coates wrote in his essay “The Case for Reparations.” “The recovering alcoholic may well have to live with his illness for the rest of his life. But at least he is not living a drunken lie. Reparations beckons us to reject the intoxication of hubris and see America as it is—the work of fallible humans.”

Many contend that even if millions of dollars were to be disseminated to the African offspring who now populate the U.S., it would only be pennies in comparison to the countless billions they’ve generated for this society. Additionally, some say the money will not heal the emotional and psychological scars created by living in the wilderness of North America for centuries.

To learn more about reparations, visit ncobra.org.