Why Vote for Joe? A Biden Administration Will Recognize and Address Systemic Inequality

• • • •
Photo by Henry Ravenscroft
Photo by Henry Ravenscroft

Joe Biden has released a plan that addresses systemic inequality in multiple aspects of American society, from policing to economic and environmental justice to education and healthcare.

According to Biden, people of color “can never have a fair shot at the American Dream so long as entrenched disparities are allowed to quietly chip away at opportunity.” His plan to address this includes:

Investing in minority businesses and farms

A Biden administration would work to ensure equal access to credit and capital which is currently disproportionally awarded to white-owned businesses. To both increase investment, Joe Biden will:

Double funding for the State Small Business Credit Initiative, which amounts to a roughly $30 billion investment in small businesses, with a focus on those owned by women and people of color.

Expand the New Markets Tax Credit, which gives credits to those who invest in community development organizations, and double Community Development Financial Institutions funding, which supports the creation of local, mission-driven financial institutions in low-income areas.

Provide legal and accounting support to minority-owned businesses to help ensure they are able to access available credit and grant programs.

Creating a Public Credit Reporting Agency within the Consumer Financial Protection Bureau to serve as an alternative rating agency. This would help eliminate racial disparities in credit scoring with new algorithms that do not have a discriminatory impact and by using non-traditional sources of data, like utility bill payment, as ways to establish credit.

Increasing federal contracts for minority-owned businesses

The Obama-Biden administration launched the Federal Procurement Center as part of the Commerce Department’s Minority Business Development Agency to help minority-owned businesses win federal government contracts. Biden will support the expansion of such programs while increasing funding for the Minority Business Development Agency.

Expanding minority homeownership

Biden plans to establish a national standard for housing appraisals in order to address the differences in housing appraisals between white and minority communities.

Additionally, Biden supports a new Homeowner and Renter Bill of Rights that would prevent brokers from leading borrowers into bad loans with unnecessary fees, protect borrowers from foreclosure if they are working on a loan modification and give homeowners a private right of action against mortgage brokers who violate these protections.

Biden will fully implement the Affirmatively Furthering Fair Housing Rule, which tells districts that receive federal funding they must identify and create a plan for addressing discriminatory housing outcomes. And he will restore the government’s power to enforce settlements against discriminatory lenders.

Investment in education

A Biden administration would invest over $70 billion in the Historically Black Colleges and Universities and Minority-Serving Institutions. As a part of this investment, Biden hopes to designate $10 billion in the creation of at least 200 “centers of excellence” that connect students to jobs in fields where minorities are underrepresented.

Reforming the justice system

In an effort to begin reforming the American justice system, a Biden administration would establish an independent Task Force on Prosecutorial Discretion existing outside the Department of Justice to advise on policies that tackle discriminatory outcomes in arrests and charging.

The Biden plan also calls for creating legislation that clarifies pattern-or-practice investigation authority, to increase the Justice Department’s ability to address systemic police or prosecutorial misconduct.

Biden also plans to establish a $20 billion grant program that helps fund criminal justice reform at the state and local level and to invest in public defenders’ offices to give equal access to quality counsel.

Reintegrating formerly incarcerated people

Joe Biden wants to create a system to end and replace cash bail as part of an effort to stop the criminalization of poverty. And, a Biden administration would end the federal use of private prisons.

Joe Biden wants to get rid of the barriers that keep formerly incarcerated people from reintegrating into society. This includes allowing people who have served their time to access public services like Pell grants, student loans, SNAP and housing support.

Biden also believes states should automatically restore voting rights once individuals have served their sentences and would incentivize this practice.

Even this summary leaves out Biden’s plans to invest in economic development, reduce disparities in health outcomes and promote environmental justice. Joe Biden believes America can be an equal and just society and has a plan to start righting centuries of systemic disparities.

Fact Quotes

Biden wants to spend or leverage hundreds of billions of dollars in federal funds to support entrepreneurs of color, ensure affordable housing and tripling federal contracting with small, disadvantaged businesses, going from 5% of federal contracting dollars to a goal of 15% by 2025. The proposal also includes $30 billion for a small business opportunity fund to support businesses run by Black, Hispanic and Native American executives.

US News

Biden’s plan, which was put forward before this year’s protests, calls for an end to private prisons, cash bail and the death penalty and would expand the Justice Department’s purview to address police and prosecutor misconduct. It would also institute an independent task force to tackle discrimination.

ABC News

The plan also focuses on providing relief from student debt and would make public colleges and universities — and private historically Black schools — tuition-free for families with incomes under $125,000, something the campaign estimates would apply to about 90% of Black, Latino and Native American households.

NPR

SPREAD FACTS. NOT LIES.

Whatsapp
Reddit

Tired of Fighting to Vote? Democrats Want to Make Voting Easier.

700 People Dead. 30,000 Sick. Trump rallies have taken lives.

We Decide Who Wins Elections, Not the Courts

The Reality Behind Donald Trump’s Claims that His Policies Help Black Americans

Trump’s Actions This Week Perfectly Encapsulate How He Fails America

Donald Trump Has Never Been a President for All Americans, and He Is Incapable of Starting Now

Ivanka’s Trademarks Get Granted. Sanctions on Chinese Company Get Lifted.

The Simplicity of Donald Trump’s Thinking Vastly Underestimates America

The Affordable Care Act (Obamacare) Helped Prevent 1.7 Million Abortions

In the Final Stretch Before Election Day the Chaos Will be Extreme. Do not Be Discouraged. Do not Be Distracted.

What Has Joe Biden Done? Co-Sponsored the PROTECT Our Children Act of 2008

What Has Biden Done? As Vice President, Biden Oversaw the Implementation of the Recovery Act

Donald Trump’s Trade “Deal” with China: Another Broken Promise

Donald Trump Has Lied About Passing Veterans Choice Over 150 Times

Joe Biden’s Proposed Investment in Biofuels Will Help Farmers to Profit and Fight Climate Change

What Has Biden Done? He Was an Original Co-Sponsor of The Matthew Shepard and James Byrd, Jr. Hate Crimes Prevention Act

Trump’s Promise Broken: From “Bill of Love” to Deporting Dreamers

How does a coward cross the road? Ask Donald Trump.

The Economy Does Better Under Democrats

Floridians Can’t Trust Trump on Offshore Drilling

Dear President Trump: The Stock Market Is Not the Economy

Donald Trump’s Economy Not The “Best Ever” Even Before the Pandemic

The Breathtaking, Not-At-All-Veiled Racism Behind Donald Trump’s Claim He’s Saved the Suburbs

Joe Biden Will Invest $10 Billion in Minority-Serving Incubators That Connect Students to Jobs in Fields Where They Are Underrepresented

The Trump Organization Received Funds From a $500 Million Loan Given By a State-Owned Chinese Construction Company

We can't win without your support.

We're running digital campaigns in Michigan, Pennsylvania, Wisconsin, and Florida through November 3rd to make sure voters have the facts. Share the facts and donate today.