Former VP Joe Biden will unveil his racial economic equity plan today. EamonJavers has the details.
Joe Biden to unveil a plan aimed at narrowing the generational wealth gap between White Americans and communities of color.It also contains a separate section focused on criminal justice reform, which includes Biden's plan to eliminate cash bail and to guarantee that formerly incarcerated people are provided temporary housing upon release from prison.
The economic equity plan is the fourth plank in the presumptive Democratic presidential nominee's "Build Back Better" economic platform, and Biden is scheduled to announce it an event in Delaware on Tuesday afternoon.Create a new Small Business Opportunity Fund and seed it with $30 billion of Biden's proposed $300 billion domestic innovation funding.
The plan also repackages several of Biden's existing proposals, such as his plan to offer a one-time student debt reduction of $10,000 per student, and his call for a $15 hourly minimum wage.
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