Biden Details Proposal To Advance Racial Equity In America

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Biden Details Proposal To Advance Racial Equity In America
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Joe Biden is detailing his plan to advance racial equity, which includes: •devoting $30 billion to a small business opportunity fund •investing in affordable housing and homeownership •making public colleges tuition-free for families making under $125K

The racial equity plan would devote $30 billion — 10% of the $300 billion Biden aims to invest in research and development to stimulate the economy — to a small business opportunity fund. The campaign suggests the investment would yield $150 billion in venture capital and low-interest business loans.includes an up-to-$15,000 refundable tax credit for first-time homebuyers to combat racial inequality in housing markets, along with an investment to construct 1.

Additionally, the plan reads:"As President, Biden will enact legislation to ensure that every person can go to community college for up to two years without having to pay tuition." Various American Founding Fathers, including George Washington and Thomas Jefferson, enslaved Black people. Still more presidents held racist beliefs, including President

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