The reactions could not be more stark between the ignorant, self-serving do-nothing response of Trump who is obsessively focused on overturning the free-and-fair election that deposed him (and pardoning criminal allies and family members), and the thoughtful, insightful, methodical focus of President-Elect Joe Biden on how to combat both the coronavirus crisis and the related jobs crisis. Biden’s remarks come in response to November’s jobs report that, even before the massive skyrocketing in COVID-19 cases, hospitalizations and deaths across the nation, showed a disturbing slowdown in economic recovery, with only 245,000 jobs added when well over 400,000 were expected, and an unemployment rate, which while dipping to 6.7%, does not reflect the 4 million people who have dropped out of the workforce and aren’t looking for jobs. The truer unemployment rate would be over 8%. Biden, in his remarks, was optimistic about a spurt of bi-partisanship that may produce a $900 billion COVID relief package, but says that is only a “downpayment” – an emergency relief to keep people from losing their homes and the ability to feed their family – on what will be necessary.
Already, the failure of Republicans to allocate aid to states and localities has resulted in 1 million layoffs of critical workers, with many more teachers, firefighters and hospital workers who will lose their jobs when they are most needed. Moreover, though the administration is touting the near availability of a COVID-19 vaccine, it has failed to actually contemplate how to distribute it, administer shots, or who will pay for the health workers to administer the vaccinations to the general public. (Reminder, you need 70 percent of the population to get the vaccinations in order to even begin to have “herd immunity” to end the pandemic.) But actually sparking the economy again will require real stimulus spending, for much needed and neglected infrastructure. Here are President-Elect Biden’s remarks, as prepared for delivery in Wilmington, Delaware: –Karen Rubin/news-photos-features.com
Good afternoon.
Earlier today, the November jobs report was released.
It’s a grim report. It shows an economy that is stalling.
We remain in the midst of one of the worst economic and jobs crises in modern history.
But it doesn’t have to stay that way.
If we act now, we can regain momentum and start to build for the future. There is no time to lose.
Millions of people have lost their jobs or had their hours slashed. They’ve lost their health insurance or are in danger of losing it. One in every six renters was behind on rent. One in four small businesses can’t keep their doors open. An ongoing gap in Black and Latino unemployment remains too large.
And it’s deeply troubling that last month’s drop in overall unemployment was driven by people dropping out of the labor market altogether. They’ve lost hope for finding a job, or they’ve taken on full-time caregiving responsibilities as child care centers remain closed and their children learn remotely.
Over the last three months, 2.3 million more people are in long-term unemployment — by far the largest increase on record.
And this dire jobs report is a snapshot from mid-November before the surge in COVID cases and deaths in December as we head into a dark winter.
For example, since October, cities are down 21,000 educators — just as schools need more help in the fight against the pandemic.
A couple of days ago I spoke with a school crossing guard, a server, a restaurant owner, and a stagehand. Good people, honorable people — decent Americans from across the country.
They remind me of my Dad who lost his job in Scranton and eventually moved our family to Claymont, Delaware, just outside of Wilmington.
He used to say, “Joey, I don’t expect the government to solve my problems. But I expect it to understand my problems.”
The folks out there aren’t looking for a handout. They just need help. They’re in trouble through no fault of their own. They need us to understand.
We are in crisis. We need to come together as a nation.
And we need Congress to act — and act now.
If Congress and President Trump fail to act by the end of December, 12 million Americans will lose the unemployment benefits they rely on to keep food on the table and pay their bills.
Emergency paid leave will end. The moratorium on evictions will expire. States will lose the vital tools they need to pay for COVID testing and public health workers.
It will be harder for states to keep children and educators safe in schools and to provide assistance to keep small businesses alive.
States and cities are already facing large budget shortfalls this year.
They have already laid off more than a million workers — and even more teachers. Firefighters and cops will lose their jobs unless the federal government steps up now. And all of this weakens our ability to control the virus.
Emergency paid leave reduces the spread of COVID, because it allows people to stay home when they are sick.
States and cities need funding to direct COVID response — which is the only way we can end this crisis and get people back to work.
The situation is urgent. If we don’t act now, the future will be bleak.
Americans need help and they need it now, and they’ll need more come early next year.
I am encouraged by the bipartisan efforts in the Senate around a $900 billion package of relief.
And as Congress works out the details of the relief package, we must focus on resources for the direct public health response to COVID-19.
We need meaningful funding for vaccines now so that we don’t lose time and leave people waiting for additional months.
We need serious funding for testing now so we can ramp up testing and allow our schools and businesses to operate safely.
The sooner we pass this funding, the sooner we can turn the corner on COVID-19.
In the weeks since the election ended, there were questions about whether Democrats and Republicans could work together.
Right now, they are showing they can. Congress and President Trump must get a deal done for the American people.
But any package passed in the lame duck session is not enough. It’s just the start.
Congress will need to act again in January.
Earlier today, I consulted with members of the economic team Vice President-elect Harris and I announced this week.
As we inherit the public health and economic crises, we are working on the plan that we will put forward for the next Congress — to move fast, to control the pandemic, to revive the economy, and to build back better than before.
We hope to see the same kind of spirit — of bipartisan cooperation —as we are seeing today.
And our plan is based on input from a broad range of people who Vice President-elect Harris and I have been meeting with since winning the election last month.
Labor leaders, CEOs, Mayors and Governors of both parties. Parents, educators, workers, and small business owners.
There is consensus that, as we battle COVID-19, we have to make sure that businesses and workers have the tools, resources, guidance, and health and safety standards to keep businesses and schools open safely.
Because here’s the deal:
The fight against COVID won’t be won in January alone.
To truly end this crisis, Congress will need to fund more testing as well as the equitable and free distribution of the vaccine.
We’ll need more economic relief as a bridge through 2021 until both the pandemic and economic crises are over.
And, then we’ll need to build back better. An independent analysis by Moody’s — a well-respected Wall Street firm — projects my Build Back Better plan will create 18.6 million jobs.
It’s based on a simple premise: reward work in America — not wealth.
We will invest in infrastructure, clean energy, manufacturing, and so much more.
This will create millions of good-paying American jobs and get the job market back on the path toward full employment. This will raise incomes, reduce drug prices, advance racial equity across the economy, and restore the backbone of this country, the middle class.
Bottom line, it’s essential that we provide immediate relief for working families and businesses.
Not just to help them get to the other side of this painful crisis, but to avoid the broader economic costs due to long-term unemployment and businesses failing.
And by acting now, even with deficit financing, we can add to growth in the near future.
In fact, economic research shows that with conditions like today’s crisis — especially with such low interest rates — not taking the actions I’m proposing, will hurt the economy, scar the workforce, reduce growth, and add to the national debt.
I know times are tough, the challenges are daunting, but I know we can do this.
We can create an economic recovery for all. We can move from crisis to recovery to resurgence.
This is the United States of America. We’ve done it before. We will do it again.
May God bless America. May God protect our troops.
President-Elect Joe Biden introduced his economic team on Tuesday, December 1, at a ceremony in Wilmington, Delaware. Their personal stories are significant, and such a contrast to the grafters, foreclosure millionaires, and partisans of the Trump Administration working on behalf of donors and special interests instead of the American people. Biden’s team, besides having extraordinary expertise and experience, also bring the life-lessons and background to infuse a budget and economic policies with values. The ultimate goal: to revitalize the economy in such a way as to redress systemic inequalities, environmental unsustainability, summed up in the phrase, “Build Back Better.” There is the recognition, too, that addressing the epidemic of poverty, hunger and evictions is tied to addressing and eradicating the coronavirus pandemic and overall health care and public health. Here are remarks, highlighted:
I hope everyone had a safe and enjoyable Thanksgiving even if it was far from tradition and apart from the ones we love.
I know times are tough, but I want you to know that help is on the way.
Last week, I announced nominations and staff for critical foreign policy and national security positions. A first-rate team that will keep us safe and secure.
Today, I am pleased to announce key nominations and appointments for critical economic positions in the Administration. A first-rate team that will get us through the on-going economic crisis and help us build our economy back better than before.
This team is tested and experienced.
It includes groundbreaking Americans who come from different backgrounds, but share my core economic vision.
That given a fair shot and equal chance, there’s nothing beyond the capacity of the American people.
Let’s not forget that the middle class built this country and unions built the middle class.
And from the most unequal economic and jobs crisis in modern history, we can build a new American economy that works for all Americans.
But we need to act now. And we have to work together.
In the weeks since winning the election, Vice President-elect Harris and I have convened meetings with labor leaders and CEOs and Mayors and Governors of both parties.
There is consensus that, as we battle COVID-19, we have to make sure that businesses and workers have the tools, resources, guidance, and health and safety standards to operate safely.
Our goal is simple: to keep businesses and schools open safely.
For the millions of Americans who have lost their jobs — or hours — and have had to claim unemployment, we have to deliver them immediate relief.
This includes affordable health care for millions of people who have lost it or are in danger of losing it.
Child care, sick leave, family leave, so workers don’t have to choose between work and family.
Relief from rent and student loans.
We need to support small businesses and entrepreneurs that form the backbone of our communities but are teetering on the edge.
There’s an urgent need to fund states and cities, so they can keep frontline workers on the job.
We must keep vital public services running — law enforcement officers, firefighters, educators — as we did with the Recovery Act in 2009.
Right now, the full Congress should come together and pass a robust package of relief that addresses these urgent needs.
But any package passed in the lame duck session is likely to be — at best — just the start.
My transition team is already working on what I will put forward for the next Congress to address the multiple crises we are facing — especially our economic and COVID crises.
And the team I’m announcing today will play a critical role in shaping our plan for action — starting on Day One — to move fast and revive the economy.
They will help lay out my Build Back Better plan; a plan that an independent analysis by Moody’s — a well-respected Wall Street firm — projects will create 18.6 million jobs.
It’s based on a simple premise: reward hard work in America — not wealth.
It’s time we invest in infrastructure, clean energy and climate change, manufacturing, and so much more that will create millions of good paying American jobs.
And it’s time we address the structural inequalities in our economy that the pandemic has laid bare.
Economists call the current recovery “K-shaped.”
Like the two lines coming out of a K, some people are seeing their prospects soar up while most others are watching their economic well-being drop sharply.
For those at the top, jobs have come back and their wealth is rising.
For example, luxury home sales are up over 40 percent compared to last year.
But for those in the middle and the bottom, it’s a downward slide. They’re left figuring out how to pay bills and put food on the table.
Almost one in every six renters was behind on rent payments as of late October.
Let me be clear, with this team and the others who we will add in the weeks ahead, we will create a recovery for all and get this economy moving again.
We will create jobs, raise incomes, reduce drug prices, advance racial equity across the economy, and restore the backbone of this country — the middle class.
Our message to everyone struggling right now is this — help is on the way.
After my Dad lost his job in Scranton, Pennsylvania -and eventually moved the family not far from here in Claymont, Delaware, he’d say, “Joey, a job is about a lot more than a paycheck. It’s about dignity. Respect. Your place in the community. It’s about being able to look your kid in the eye and say that everything will be okay.”
He also used to say, “Joey, I don’t expect the government to solve my problems. But I expect it to understand my problems.”
This team understands.
For Secretary of the Treasury, I nominate Janet Yellen.
No one is better prepared for this crisis.
She will be the first Treasury Secretary who was also Chair of the Federal Reserve, Vice Chair of the Federal Reserve, and Chair of the President’s Council of Economic Advisors.
Janet is one of the most important economic thinkers of our time.
She has spent her career focused on employment and the dignity of work. She understands what a job means to people and their communities.
Respected across party lines and around the world, by Main Street and Wall Street. An educator, a mentor.
Above all — the daughter of a working-class Brooklyn neighborhood who never forgot where she came from.
Her husband, George, is pretty good too. He is a Nobel Prize recipient, but he’s the one who married up.
Janet will be the first woman to hold this office.
We might have to ask Lin-Manuel Miranda, who wrote a musical about the first Treasury Secretary, Hamilton, to write another musical for the first woman Treasury Secretary, Yellen.
For Director of the Office and Management and Budget, I nominate Neera Tanden.
I’ve known Neera for a long time. A brilliant policy mind with critical practical experience across government.
She was raised by a single mom on food stamps, an immigrant from India who struggled, worked hard, and did everything she could for her daughter to live out her American dream.
And Neera did just that.
She understands the struggles that millions of Americans are facing.
And she will be the first woman of color and first South Asian American to lead the OMB.
She will be in charge of laying out my budget that will help us control the virus, deal with the economic crisis, and build back better.
But above all, she believes what I believe — a budget should reflect our values.
For Deputy Secretary of the Treasury, I nominate Wally Adeyemo.
A skilled leader and thinker on issues ranging from macroeconomics to consumer protection, and from national security to international affairs.
I worked with Wally during the Great Recession, and I saw him tackle one big job after another.
Deputy National Security Advisor to President Obama. Deputy Director of the National Economic Council. Former Chief of Staff to Elizabeth Warren, where he helped create the Consumer Protection Financial Bureau.
It’s designed to protect consumers and working people from unfair, deceptive, and abusive financial practices.
And now, Wally will be the first African American ever to hold this post, and the highest-ranking African American in Treasury Department history.
An immigrant from Nigeria, a son of a nurse and an elementary school principal, Wally understands everything we do is for the people.
To understand their struggles, and most of all, their dreams.
For Chairperson of the Council of Economic Advisors, I nominate Cecilia “CC” Rouse, one of the most distinguished economists in the country.
An expert on labor economics, race, poverty, and education.
Dean of Princeton’s School of Public and International Affairs. Member of the Council of Economic Advisors to President Obama. Advisor to President Clinton at the National Economic Council.
More than that, she’s a proud daughter, whose mom — a school psychologist — encouraged her to pursue economics, whose dad — one of the country’s first African American astrophysicists — who dared her to dream.
If confirmed, CC will be just the fourth woman to lead the Council of Economic Advisors and the first African-American ever to hold the post.
And as CEA Chair, she will serve as a member of my Cabinet.
As a member of the Council of Economic Advisors, I appoint Jared Bernstein.
A brilliant thinker with a quick wit — and a big heart he got from his mom — an educator — who raised him right.
A social worker turned economist, Jared is one of my closest economic advisors.
He served as my Chief Economist during my Vice Presidency.
He was there in the foxhole during the Great Recession with the economy on the brink and our country on its back.
I couldn’t think of anyone else who I would want by my side to face the challenges ahead.
Jared will be one of the leading voices of my Administration on economic policy.
I can always count on him to deliver it straight from the shoulder as his hero FDR said.
One thing I can assure you is working people will always have a voice with Jared on the Council.
As a member of the Council of Economic Advisors, I appoint Heather Boushey.
She is one of the foremost economists working to make sure we build an economy that works for all Americans.
A daughter of a union family — it’s no wonder she believes so deeply in the idea: leave no one out, leave no one behind.
During the campaign, I relied on her counsel on addressing the structural inequalities in our economy.
I’ll do so again as President because it is a central issue of our time.
To this team — thank you for accepting the call to serve.
To your families — thank you for your sacrifice. We could not do this without you.
And to the American people, this team will always be there for you and your families.
Eleven years ago President Obama and I entered office during the Great Recession and implemented the Recovery Act that saved us from a Great Depression.
We didn’t see the map of America in terms of blue states and red states. We only saw the United States of America.
We worked with everyone — for everyone.
And we recovered and rebuilt — together — as one nation.
Vice President-elect Harris and I will do it again with this outstanding team.
They are ready on Day One.
To the United States Senate — I hope these outstanding nominees will receive a prompt hearing, and that we will be able to work across the aisle in good faith and move forward as one country.
Let us begin the work to heal, unite, and rebuild an economy for all Americans.
They deserve and expect nothing less.
Thank you.
May God bless you.
May God protect our troops.
I’ll now turn it over to the new team, starting with our next Secretary of the Treasury — Janet Yellen.
Thank you, Mr. President-elect and Madame Vice President-elect.
It is my great honor to have this opportunity to serve you and the American people, and to join this incredible economic team at this moment of great challenge for our country.
Mr. President-elect, when you reflect on what your father taught you about how a job is much more than a paycheck, I hear my own father, who raised our family in working-class Brooklyn.
When he graduated from medical school during the Great Depression, he looked for a home and a place to hang his shingle near the Brooklyn docks. Back then, Bush Terminal on the Upper New York Bay was a thriving hub for manufacturing and transportation — and for the union workers whose livelihoods depended on them.
Knowing they didn’t have cars, my father found a home near a bus line. He started his family practice in the basement while we lived on the floors above. At the end of the day, he would talk to me, my brother, and my mom about what work meant to his patients — our friends and neighbors — especially if they lost a job. The financial problems. The family problems. The health problems. The loss of dignity and self-worth.
The value of work always stuck with me, so much so that I became an economist because I was concerned about the toll of unemployment on people, families, and communities. And I’ve spent my career trying to make sure people can work and achieve the dignity and self-worth that comes with it.
Mr. President-elect, I know you’ve done the same. I saw that understanding during the last Great Recession and the Recovery Act that followed.
And now we are facing historic crises again. The pandemic and economic fallout that, together, have caused so much damage for so many and have had a disproportionate impact on the most vulnerable among us. Lost lives. Lost jobs. Small businesses struggling to stay alive or closed for good. So many people struggling to put food on the table and pay bills and rent.
It’s an American tragedy. And it’s essential that we move with urgency. Inaction will produce a self-reinforcing downturn causing yet more devastation.
And we risk missing the obligation to address deeper structural problems:
Inequality. Stagnant wages, especially for workers who lack a college education. Communities that have seen industry disappear, with no good jobs replacing lost ones. Racial disparities in pay, job opportunities, housing, food security, and small business lending that deny wealth building to so many communities of color. Gender disparities that keep women out of the workforce and keep our economy from running at full force.
It is a convergence of tragedies that is not only economically unsustainable, but one that betrays our commitment to giving every American an equal chance to get ahead.
But I know this team will never give up that commitment. As you have said before, Mr. President-elect, out of our collective pain as a nation, we will find a collective purpose to control the pandemic, and build our economy back better than before.
To rebuild our infrastructure and create better jobs. To invest in our workforce. To advance racial equity and make sure the economic recovery includes everyone. To address the climate crisis with American ingenuity and American jobs.
Working together with the outstanding national security and foreign policy team you announced last week, to help restore America’s global leadership.
And above all, we share your belief in the American dream — of a society where each person, with effort, can rise to their potential, and dream even bigger for their children.
I pledge, as Treasury Secretary, to work every day towards rebuilding that dream for all Americans.
And to the great public servants of the Treasury Department, I look forward to working with you and Wally to rebuild the public trust.
To the American people, we will be an institution that wakes up every morning thinking about you.
Your jobs, your paychecks. Your struggles, your hopes. Your dignity.
Mr. President-elect, Madame Vice President-elect — I’m humbled and honored by the trust you’ve placed in me to work with this talented team on behalf of the American people.
I’m especially proud to work alongside leaders who understand that budgets are not abstractions.
They are a reflection of our values. They touch our lives in profound ways. Sometimes, they make all the difference.
Like the Vice President-elect’s mother, Shyamala, my mother, Maya, was born in India.
Like so many millions, across every generation, she came to America to pursue a better life.
I was raised in a suburb of Boston — a middle-class kid.
But when I was five, my parents got divorced and my mom was left on her own with two children — and without a job.
She faced a choice — return to India, where at the time divorce was stigmatized and opportunity would be limited — or keep fighting for her American Dream.
She stayed, and America came through for her when times were tough.
We relied on food stamps to eat. We relied on Section 8 vouchers to pay the rent. We relied on the social safety net to get back on our feet.
This country gave her a fair shot to reach for the middle class and she made it work.
She got a job as a travel agent, and before long, she was able to buy us our own home in Bedford, Massachusetts, and see her children off to college, and beyond.
I’m here today thanks to my mother’s grit, but also thanks to a country that had faith in us, that invested in her humanity, and in our dreams.
I’m here today because of social programs. Because of budgetary choices.
Because of a government that saw my mother’s dignity, and gave her a chance.
Now, it’s my honor to help shape those budgets and programs to keep lifting Americans up, to pull families back from the brink. To give everybody the fair chance my mother got, and that everyone deserves.
That’s the America Maya and Shyamala were drawn to — the America the President-elect and Vice President-elect are ready to grow.
I believe so strongly that our government is meant to serve all the American people — Republicans, Democrats, and Independents alike, all of whom deserve to know that their government has their back.
I look forward to working together alongside the dedicated career professionals at OMB to expand those possibilities for every American family.
And I want to thank my own wonderful family — my husband, Ben, without whose love and support I would simply not be here, and our children, Alina and Jaden.
Thank you all for this profound opportunity to serve.
Nominee for Deputy Secretary of the Treasury, Wally Adeyemo
Mr. President-elect, Madame Vice President-elect — thank you for this opportunity to return to the Treasury Department and serve the American people.
I know firsthand the President-elect’s capacity to lift our country out of hard times, because I had the privilege of working with him to help Americans recover from the Great Recession.
In California’s Inland Empire, where I‘d grown up in a working-class neighborhood, the Great Recession hit us hard — we were one of the foreclosure capitals in the United States.
The pain of this was real for me — it wasn’t just a number in a jobs report or a story on the nightly news — but neighbors and friends who lost everything.
I was proud of the work my teams did at the Consumer Financial Protection Bureau and the Treasury Department to help turn the tide.
I was prouder still to serve with leaders like the President-elect, who oversaw the Recovery Act’s implementation — investing in American workers, betting on their resilience and drive, and giving families a chance to get up off the mat.
I believe that’s what public service is all about at its best: Giving people a fair shot when they need it most, offering hope through the dark times, and making sure that our economy works not just for the wealthy, but for the hard-working people who make it run.
Those are lessons I learned from my parents — an elementary school principal and a nurse, who came to America to build a better life for me and my siblings.
They taught us that we have a responsibility to serve our community and the country that gave us so many opportunities, but I also learned early on how much more needs to be done to ensure that everyone has the fair chance they deserve.
I look forward to working with Janet Yellen to reduce inequality in this country and expand the middle class, and make sure we build an economy that works for everyone.
As we build back better, we must also remain laser-focused on the Treasury Department’s critical role protecting our National Security.
This includes using our sanctions regime to hold bad actors accountable, dismantling the financial networks of terrorist organizations and others who seek to do us harm, and ensuring our foreign investment policy protects America’s national security interests.
The challenges before us today are unlike anything we have ever faced.
But I know that what the President-elect so often reminds us is true — the American people can do anything when given a chance.
I’m honored to be a part of this talented team, to get to work with them and all Americans, to build an economy that gives everyone that chance, and turns our nation once again from crisis to hope.
Mr. President-elect, Madame Vice President-elect — thank you for the extraordinary opportunity to join this team.
I am humbled and honored, and ready to get to work for the American people.
To be perfectly honest, until recently I did not anticipate that I would return to public service.
As every academic knows, when you’ve laid down roots at a school you love, with incredible students and colleagues you’ve grown with, it isn’t easy to take a leave. It requires a rare combination of urgency and opportunity to pull you away.
But that rare combination is precisely what our nation is facing right now.
My path as an economist began in my first year of college — my mother, a school psychologist, encouraged me to take a course in economics, and it happened to coincide with what at the time was one of the worst spikes in unemployment since the Great Depression.
It was impossible to separate what we were learning in the classroom from what I knew was going on in towns across the country, and I found myself drawn to study the labor market in all of its dimensions — the reasons that jobs disappear; the impact of education on people’s job prospects; the ways we can tear down barriers to job growth and make it easier for people to find long-lasting economic security.
Today, nearly forty years later, we are once again living through one of the worst jobs crises since the Great Depression.
Millions of families have had their lives turned upside down. The safety net has frayed, leaving vulnerable Americans to slip through into hardship and hopelessness, and structural inequities that have always existed in our economy are being exacerbated like never before.
This is a moment of urgency and opportunity unlike anything we’ve faced in modern times.
The urgency of ending a devastating crisis.
And the opportunity to build a better economy in its wake — an economy that works for everyone, brings fulfilling job opportunities, and leaves no one to fall through the cracks.
I look forward to working with the President-elect, the Vice President-elect, and this entire team to address that urgency and seize that opportunity — and make our economic system work better for every American.
Appointee for Member of the Council of Economic Advisers, Jared Bernstein
Good afternoon.
I’m hard-pressed to find the words to express my gratitude to the President-elect and Vice President-elect for the chance to be here today.
In thinking about the path that brought me here, a good place to start is 12 years ago — almost to the day — when I met with then-Vice-President-elect Biden at his home not far from here.
It was supposed to be a job interview to be his chief economist, but it quickly turned into a conversation about economic justice and fairness — which, as many here know, is a common destination in conversations with the President-elect.
Over the years, we’ve continued that discussion.
Often, it takes the form of some policy minutiae — sometimes, it’s me hitting him with far more graphics than are necessary, or him telling me to stop speaking econo-mese and start speaking English.
Guilty as charged, Mr. President-elect.
I suspect the reason we had such a meeting of the minds back then dates back to a common saying in my household when I was growing up: “If you’re not part of the solution, you’re part of the problem.”
I grew up with a single mother — a lifelong educator.
There was a picture of FDR on the wall. Her proudest moment wasn’t when I got a PhD.
It was when I got a union card — Local 802, the New York City’s musicians’ union — but that’s a whole other story.
Of course, if you intend to be part of the solution, you need to accurately diagnose the problem.
On that front, I believe the team assembled by the President-elect and Vice President-elect has been resonant and visionary.
Yes, they’ve stressed the urgent need to control the virus and provide the relief needed to help families and businesses get to the other side of this crisis.
But they’ve been just as adamant that simply getting back to where we were sets the bar too low — we must build back an economy that’s far more resilient, far more fair, and far more inclusive.
It is precisely the vision this nation needs, and I suspect I’m not the only person on this stage champing at the bit to get to work on making their vision a reality.
Thank you.
Appointee for Member of the Council of Economic Advisers, Heather Boushey
Mr. President-elect, Madame Vice President-elect — I am honored and grateful for the chance to be a part of this exceptional team — and excited to get to work helping build an economy rooted in the values we share:
Equality, opportunity, and the dignity of work.
It’s no accident that I’ve focused my career on instilling those values in our economy, developing policies that help our nation grow stronger by growing more equitably.
Like the President-elect and the Vice President-elect, those values were instilled in me at a young age.
In the late 1970s, my dad got a job at Boeing — and if you grew up in Seattle like I did, you know what that means.
A lot more than a paycheck, as Janet referenced, and as the President-elect often reminds us.
And for our family, my dad’s job at Boeing meant security, union benefits, a place in the neighborhood, a place in the middle class.
But when a recession hit in the early 80s, one by one, the pink slips arrived for every family on our cul-de-sac.
Every kid at my bus stop had a parent who was laid off. Our entire community saw its future dimmed, and one day, it was my turn.
So the first time I truly experienced this thing called the economy, it was my parents sitting me down and explaining that things were going to be tougher for a while because my dad was on layoff.
Too many kids in America experience the economy through those difficult conversations — or far worse.
I was struck by the profound power this mysterious force held over my life, my friends, and my community.
And I wondered if that power couldn’t also be wielded to create happier conversations and fuller lives.
I’ve dedicated my career to figuring out how we can grow and sustain the middle class — and uproot the gender barriers and racial barriers that leave too many Americans outside the Dream, looking in.
Through the organization I co-founded, I’ve pursued solutions to reverse the dangerous march of inequality, and bring us back to the core value of broadly-shared success.
That’s the same value I see at the heart of the Build Back Better plan — and it’s why I’m excited and honored to help this team bring not just good jobs — but the good lives and peace of mind that come with them to every American community.
Thank you.
Vice President-elect Kamala Harris
Mr. President-elect, congratulations on choosing this outstanding economic team.
And to our nominees and appointees, thank you for your continued service to our nation.
This is the team we need to deliver immediate economic relief to the American people, to get our economy back on track, and to make sure it works for working people.
And, as President-elect Biden noted earlier, completing that task could not be more urgent.
Cases of COVID-19 are spiking.
And beyond the tragic loss of life, the toll of this recession continues to mount.
Across America, one in six adults with children say their families are hungry; one in three adults are having trouble paying their bills; and the number of open small businesses has fallen by nearly 30 percent due to this pandemic, while many others are hoping they can stay afloat until a vaccine is available.
These are the struggles — the worries — that keep people up in the middle of the night.
But Americans are not united by their worries alone.
They’re united by their aspirations — for themselves and their families.
Because no matter where you live or what language your grandmother speaks, everyone wants to be able to get a job and keep a job.
No matter what your gender or who you love, everyone wants to be able to buy a home and keep a home.
And no matter how you worship or who you voted for in this election, everyone wants to be able to give their children a decent education, even during a pandemic.
Joe and I understand that.
We were raised to respect the dignity of work.
That’s why I’ve always fought for working people — from standing up for middle class families who’d lost their homes in the Great Recession to joining picket lines to advance workers’ rights.
And I look forward to collaborating with this extraordinary team to put working people front and center in this administration.
These public servants are some of America’s most brilliant minds.
They are proven leaders, whose talents, achievements, and life stories reflect the very best of our country.
And they not only have the experience and expertise to help end this economic crisis and put people back to work, they also share our commitment to building an economy — an America — where everyone has access to a higher minimum wage and affordable health care.
Paid family leave and paid sick leave.
Homeownership, and capital to start a small business.
An America where opportunity is within reach for everyone. For all The People.
So, we’ve got a lot of work to do, to build that America.
And President-elect Biden and I, with this economic team, will be ready to hit the ground running on day one.
Governor Andrew Cuomo in his daily briefing in which noted that New York State’s COVID-19 infection rate has been below 1 percent for 32 straight days., laid out a searing attack on Donald Trump, charging that Trump is waging war on Democratic-lead cities.
“Trump is actively trying to kill New York City,” Cuomo declared. “It is personal. I think it’s psychological. He is trying to kill New York City…
“We lose more people per day to COVID than any nation on the globe. You know who did that? Donald Trump’s incompetence. And now they won’t provide federal funding to help repair the damage from the ambush they created…
“The federal government must provide a response; if they don’t provide a response the national economy will suffer for years. Every economist says that They don’t want to provide a response, why? Because they’re playing politics. They don’t want to help Democratic states. They don’t want to help Democratic cities.”
Cuomo put it into the context of Trump administration’s failure to take measures to prevent the spread of the coronavirus which came into New York and the Northeast from Europe, not China, causing untold emotional and economic harm, and now doing everything possible to prevent the city and state from recovering economically.
Here are his highlighted remarks –Karen Rubin/news-photos-features.com
The good news is this: reopening is proceeding and our strategy is working. New Yorkers are doing a better job than any state in the United States of America— period— and I’m proud to be a New Yorker. The bad news is we have after-effects of COVID, social after-effects. We have economic issues. we have quality-of-life issues. We have increasing crime issues. We have habitability issues.
I can’t tell you how many phone calls I get from people, especially in New York City, who are literally worried about the degradation of New York City— and much of it stems from the economic problems. And Washington is doing absolutely nothing. They’re going back and forth with gridlock. This was the last piece of legislation that they were supposed to pass to handle the aftermath of COVID and they haven’t done it. The Republican Senate doesn’t want to fund state and local governments and that’s the sticking point. Not to fund state and local governments, but to provide all the money that they did to businesses— but you’re not going to provide funding to state local governments, who basically support police, fire, hospitals and schools is just totally ludicrous to me. And it starts with the President.
There was a headline in the Daily News once: “Ford to City: Drop Dead,” and the city was outraged Ford wouldn’t provide financial resources. What Ford did pales in comparison to what Trump is doing; not only did he tell New York City to “drop dead,”
Trump is actively trying to kill New York City. It is personal. I think it’s psychological. He is trying to kill New York City.
He passed SALT, which was targeted just at New York City tax reform; it cost us $14 billion.
He’s refused to fund the extension of the Second Avenue Subway from 96th to 125th Street. Every prior administration has funded the Second Avenue Subway. It is always been a federal-state partnership. Only this President, a former New Yorker, refuses to fund the Second Avenue Subway— even after we opened it up to 96th Street and did an amazing turn-around on the construction project that everybody celebrated.
He won’t approve the AirTrain to LaGuardia. And you want to talk about really ironic, repugnant logic? You know why he won’t approve the AirTrain to LaGuardia? He says he has to do an Environmental Review statement. The same President who has lamented about the delay of Environmental Reviews and how they take so long, and how they stop development and how bad the SEQRA is and how the environmentalists are all full of baloney when it comes to ANWAR. Now he says, “I can’t approve the AirTrain from LaGuardia that’s been talked about for decades because I have to do an Environmental Review. Now Trump, as the environmental bureaucrat. How incredible is that?
He won’t approve congestion pricing for the MTA. What does he have to do with congestion pricing? Nothing! It is just gratuitous. It is just gratuitous. There is no federal involvement with congestion pricing. Their approval is purely technical and it’s been over a year— we passed it in New York State. He won’t approve it.
He won’t rebuild the tunnels between New York and New Jersey that are dangerous. They’re Amtrak tunnels. Do you know who owns Amtrak? Who owns Amtrak? The federal government owns Amtrak. They’re his tunnels. They’re decaying. I went to the tunnel; I took a video of water seeping into the tunnel. I took a video of bricks crumbling. I sent them the video. He watched the video. Still, no money to fund the Amtrak tunnels.
This weekend, they stopped FEMA funding from cleaning schools and trains. “We want students to go back; we want schools to reopen.” But you don’t want to clean the schools? Students should go back to a dirty school? Is that what you want your child to do? Gratuitous and arbitrary, and now no federal funds for New York City and New York State post-COVID.
Donald Trump caused the COVID outbreak in New York. That is a fact. It’s a fact that he admitted and the CDC admitted and Fauci admitted. “The China Virus, the China Virus, the China Virus.” It was not the China Virus; it was the European Virus that came to New York. They missed it. They missed it. The China Virus went to Europe. It got on a plane and went to Europe. They never even thought of the possibility and then 3 million Europeans got on a plane and came to New York and they brought the virus. January: they brought the virus. February: they brought the virus. March: they brought the virus. And in mid-March, the federal government does a travel ban from Europe. Mid-March. Too little too late, Mr. President. He caused the COVID outbreak in New York. Donald Trump and his incompetent CDC and his incompetent NIH and his incompetent Department of Homeland Security.
Department of Homeland Security- “We’re going to protect the people of this nation “We’re not going let the immigrants come across the southern border; we’re going to create a wall” Why didn’t you stop the virus? The virus killed many more Americans than anything you were worried about on the southern border. This nation loses more people per day to COVID than any nation on the globe. Do you hear that point?
We lose more people per day to COVID than any nation on the globe. You know who did that? Donald Trump’s incompetence. And now they won’t provide federal funding to help repair the damage from the ambush they created. That’s where we are.
The federal government must provide a response; if they don’t provide a response the national economy will suffer for years. Every economist says that They don’t want to provide a response, why? Because they’re playing politics. They don’t want to help Democratic states. They don’t want to help Democratic cities.
This is a war on cities: New York City, Portland, Chicago. Right? These are the enemies from the president’s point of view. Look at his tweets. “These are the locations and the outposts of the enemies, so don’t provide them any funding even though we caused the COVID virus. It is an unsustainable position for the federal government.
Either this president will figure it out or the next president will figure it out. If Congress doesn’t figure it out, there will be mayhem in this country and there will be a different Congress in January. That is my political opinion. In the interim we have to be smart. We’ve gone through tough times before, New York, we had the fiscal crisis of the 70s; post 9/11 – I experienced it was a whole disruptive period – we went through the Great Recession, but we have to be smart we have to be smart we have to be financially smart and we’re going to have to come together and figure this out in the interim before we have a federal government that is sane and functional.
The good news is, this is going to be a challenge, yes, but nothing like the challenge we just went through. COVID was the challenge of our lifetime. COVID was the challenge of our lifetime. I hope and pray. But compared to what we went through with COVID, dealing with the fiscal crisis is a mere bump and we’ll get through it, and we’ll get through it together because we’re New York Tough, Smart, United, Disciplined and most of all: Loving.
The number of new cases, percentage of tests that were positive and many other helpful data points are always available at forward.ny.gov.
As schools reopen and districts, local health departments, and labs begin reporting data to the NYS Dept. of Health, the COVID-19 Report Card will be live at: https://schoolcovidreportcard.health.ny.gov/
On Labor Day, Vice President Joe Biden, the Democratic candidate for President, issued his plan to “Build Back Better” for American workers, drawing a contrast to the actual record of Donald Trump and contradicting Trump’s claim of a rebounding economy. Biden points to fewer than half of the 29 million jobs lost to the coronavirus pandemic have been restored (though Trump likes to boast about 1 million jobs added a month as a record and proof of a robust, rebounding economy), with 11.5 million still unemployed and facing the possibility their jobs will not come back. Manufacturing jobs, which Trump touts, is down 720,000 from when Trump took office. “President Trump may well be the only president in modern history to leave office with fewer jobs than when he took office. Trump thinks if the stock market is up, his rich friends and donors are doing well and corporation see their valuations rising, then everyone must be doing well… Joe knows we need to get serious about defeating the pandemic, dig out from the worst jobs crisis in nearly a century, and rebuild the middle class so everyone comes along.” Biden’s plan is to invest in infrastructure, clean energy, caregiving and education, and will support – not break up – unions, collective bargaining, higher wages and worker safety. Here is a fact sheet from the Biden campaign – Karen Rubin/news-photos-features.com
Joe Biden’s Plan to “Build Back Better” for American Workers
After six months in the pandemic, we are less than halfway back to where we were — with 11.5 Million Americans not yet getting their jobs back. We’re still down 720,000 manufacturing jobs. President Trump may well be the only president in modern history to leave office with fewer jobs than when he took office.
Trump thinks if the stock market is up, his rich friends and donors are doing well, and corporations see their valuations rising — then everyone must be doing well. But Joe knows from growing up in neighborhoods in Scranton, Pennsylvania and Claymont, Delaware that the measure of our economic success is the quality of life of the American people. Today, too many working families are worried about paying their bills and putting food on the table.
Joe knows we need to get serious about defeating the pandemic, dig out from the worst jobs crisis in nearly a century, and rebuild the middle class so everyone comes along. He has a plan to Build Back Better by summoning a new wave of worker power and building an economy that serves the dignity of the hard-working people who make it run. He will put millions of Americans to work in good-paying jobs with a choice to join a union to meet four national challenges: building a stronger industrial and innovation base so the future is made in America, building sustainable infrastructure and a clean energy future, building a stronger caring economy, and advancing racial equity across the board.
Build worker power, raise wages, and secure stronger benefits. We’ve seen millions of American workers put their lives and health on the line to keep our country going. Joe will treat American workers and working families as essential at all times, not just times of crisis — with higher wages, stronger benefits, and fair and safe workplaces, so they can live a middle class life and provide opportunity for their kids. And, he will strengthen unions and worker power.
Encourage, not only defend, union organizing and collective bargaining. Joe knows the only way to take on abuses of power by corporations and Wall Street, and to restore America’s middle class, is with worker power. Joe will send economic recovery legislation to Congress that will make it easier for workers to organize a union and bargain collectively with their employers by including the Protecting the Right to Organize (PRO) Act, card check, union and bargaining rights for public service workers, and a broad definition of “employee” and tough enforcement to end the misclassification of workers as independent contractors. Joe will also hold company executives personally liable when they interfere with organizing efforts.
Raise the minimum wage to $15 per hour and end the tipped minimum wage and sub-minimum wage for people with disabilities.
Ensure that every American has access to quality, affordable health care, by providing a public option and lowering costs for care and for prescription drugs.
Provide universal paid sick days and 12 weeks of paid family and medical leave.
Pass the Paycheck Fairness Act as the next step in efforts to ensure women are paid equally for equal work, and take other steps to address discrimination and harassment in the workplace.
Ensure workers are safe from COVID-19 and other workplace hazards by setting and enforcing robust safety standards. No one should get sick, injured, or die because they went to work.
Ensure the future is “Made in America” by all of America’s workers. Joe will create millions of jobs mobilizing the talent, grit, and innovation of the American people and the full power of the federal government to bolster American industrial strength and ensure the future is “Made in All of America.”
Buy American. Joe will strengthen and enforce “Buy American” so that the massive amount of taxpayer money the federal government spends every year on everything from defense equipment to steel to auto fleets is used to help American manufacturers and their workers. And he’ll invest $400 billion more in buying American made goods to build a clean energy future.
Innovate in America. Joe will make a new $300 billion investment in research and development (R&D) and breakthrough technologies – from electric vehicle technology to lightweight materials to 5G – to unleash high-quality job creation in manufacturing and technology.
Pursue a Pro-American worker tax and trade strategy to fix the harmful policies of the Trump Administration and give our manufacturers and workers the fair shot they need.
Bring back critical supply chains to America so we aren’t dependent on China or any other country for the production of critical goods in a crisis.
Build a modern, sustainable infrastructure and an equitable clean energy future. Joe will make a $2 trillion accelerated investment setting us on an irreversible course to meet the ambitious climate progress that science demands, putting millions of people to work in good paying jobs:
Rebuilding America’s crumbling infrastructure – from roads and bridges to green spaces and water systems to electricity grids and universal broadband – to lay a foundation for sustainable growth, withstand the impacts of climate change, and provide access to clean air and water.
Position the American auto industry to win the 21st century, mobilizing American workers to manufacture clean vehicles and their input materials and parts.
Generating clean, American-made electricity, creating jobs for every kind of worker from scientists to construction workers to electricity generation workers to welders to engineers.
Retrofitting buildings, weatherizing homes, and building affordable housing.
Create jobs in climate-smart agriculture, resilience, and conservation, including by mobilizing the next generation of conservation and resilience workers through a Civilian Climate Corps and creating jobs to clean up local economies from the impacts of resource extraction.
Mobilize American talent and heart to create a 21st century caregiving and education workforce. The pandemic has laid bare just how hard it is for people in this country to find access to quality caregiving they need for themselves, or to juggle the responsibilities of working and also caring for family members. Joe will make substantial investments in the infrastructure of care in our country. He’ll:
Create millions of caregiving jobs by making preschool universal and high quality child care affordable and accessible for working families, and making it easier for aging relatives and loved ones with disabilities to have quality, affordable home- or community-based care
Treat caregivers and early childhood educators with respect and dignity, and give them the pay and benefits they deserve, training and career ladders to higher-paying jobs, the choice to join a union and bargain collectively, and other fundamental work-related rights and protections.
Free up millions of unpaid caregivers to pursue paid careers if they so choose.
Advance racial equity across the American economy. Joe will ensure Black and Brown small business owners, families, and workers are finally and fully cut in on the deal. His plan for achieving racial equity across the American economy covers everything from infrastructure to housing to education, and targets the racial wealth, jobs, and income gaps.
As workers struggle against a deadly pandemic, painful recession, and deep racial disparities — all worsened by Trump’s mismanagement and neglect — they also face an additional burden: a union-busting president. When he isn’t calling to boycott Goodyear and its thousands of union workers for petty personal reasons, President Trump is actively fighting against working people. Among many other things, Trump has:
Mismanaged the pandemic, triggering an almost unprecedented economic crisis. Unemployment has doubled since February and more than half of families have lost employment income.
Promised to veto the Protecting the Right to Organize (PRO Act) – legislation that would make it easier for workers to unionize and collectively bargain – and stripped federal workers of their right to unionize.
Provided big tax cuts to corporations, without making them bring jobs home – and raised taxes for union members, by ending deductions for union dues.
Abandoned the Obama-Biden overtime expansion, costing over 8 million workers over $3.4 billion in lost wages already.
Let federal contractors double offshoring in his first 18 months in office.
Started a trade war with China that pushed manufacturing into recession – and then wasted his so-called “phase one” deal lobbying for big banks, instead of fighting for American jobs.
Broke his promise to invest in rebuilding infrastructure. Donald Trump promised a big infrastructure bill when he ran in 2016 and every year since. Every few weeks when he needs a distraction from the latest charge of corruption in his staff — or the conviction of high ranking members of his administration and political apparatus — the White House announces it’s “Infrastructure Week.” But he’s never delivered or even really tried.
Proposed steep cuts for job training and employment programs, including those that support U.S. manufacturing and workers dislocated by outsourcing. Trump also tried to undermine union registered apprenticeships.
Rolled back safety protections at workplaces, including by trying to weaken several occupationalandsafety regulations established during the Obama-Biden Administration, reducing Occupational Health and Safety Administration (OSHA) investigators to a historic low, and failing to put in place OSHA Emergency Temporary Standards to keep workers safe from COVID-19.
Weakened enforcement of American labor laws and made it easier for employers to misclassify workers by sabotaging the enforcement agencies and slashing their investigator corps.
Using his trademark restraint, Vice President Joe Biden, the Democratic candidate for Trump, could not contain his revulsion and distress in condemning in harshest terms Donald Trump’s remarks denigrating POWs and the soldiers who made the ultimate sacrifice for their nation. The speech was supposed to be about the economy, and despite some favorable jobs numbers which have brought down the unemployment rate somewhat, a take-down of Trump’s incompetent handling of COVID-19 and the economy and lack of leadership which have made the situation so much worse. But the revelations the night before about remarks Trump made concerning the military, on top of Trump’s call to supporters to vote twice, and his refusal, yet again, to say anything against Vladimir Putin, prompted him to say, in response to a question, “I’ve never been as disappointed in my whole career with a leader that I’ve worked with, president or otherwise. If [the Atlantic] article is true, based on other things he has said, it is damnable. A disgrace….
“It is sick. It is deplorable. It is so un-American, so unpatriotic.”
The comments attributed to Trump, he said, “affirm what we already know to be true: Donald Trump is not fit for the job of president, or to hold the title commander in chief.”
Biden declared, “It is a sacred duty to ensure we properly prepare and equip those we send into harm’s way, and to care for them and their families, both while they are deployed and after they return home.
“Duty, honor, country — those are the values that drive our service members.
“President Trump has demonstrated he has no sense of service, no loyalty to any cause other than himself.
“And if I have the honor of serving as the next Commander-in-Chief, I will ensure that our American heroes know I will have their back and honor their sacrifice — always.”
And about the jobs report and economic situation, he said, “you can’t deal with the economic crisis until you beat the pandemic.”
“No matter what he says or what he claims, you are not safer in Donald Trump’s America. You are not safe in Trump’s America where people are dying at a rate last seen when Americans were fighting in World War II.”
Here are Vice President Biden’s highlighted remarks:
Good afternoon.
Before I begin, I wanted to speak to the revelations about President Trump’s disregard for our military and veterans.
They are disgusting. They affirm what we already know to be true: Donald Trump is not fit for the job of president, or to hold the title commander in chief.
The president reportedly said that those who sign up to serve — instead of doing something more lucrative — are suckers. So let me be clear: my son Beau, who volunteered to go to Iraq, was not a sucker.
The men and women who served with him are not suckers, and the service men and women he served with, who did not come home, are not losers.
If these statements are true, the president should humbly apologize to every person in uniform, and every Gold Star and Blue Star family he has insulted.
Who the hell does he think he is?
Is it true? Well, we’ve heard from his own mouth his characterization of American hero John McCain as a loser, and his dismissal of the traumatic brain injuries suffered by troops serving in Iraq as mere “‘headaches.”
He stood by, failing to take action or even raise the issue with Vladimir Putin, while the Kremlin put bounties on the heads of American troops serving in Afghanistan.
It is a sacred duty to ensure we properly prepare and equip those we send into harm’s way, and to care for them and their families, both while they are deployed and after they return home.
Duty, honor, country — those are the values that drive our service members.
President Trump has demonstrated he has no sense of service, no loyalty to any cause other than himself.
And if I have the honor of serving as the next Commander-in-Chief, I will ensure that our American heroes know I will have their back and honor their sacrifice — always.
And that’s just another marker of how deeply President Trump and I disagree about the role of the President of the United States.
The August jobs report came out this morning.
I am grateful for everyone who found work again and found a glimmer of hope that brings them back from the edge.
But there is real cause for concern, too.
The pace of job gains in August was slower than in July — and significantly slower than May or June.
More and more temporary layoffs are turning into permanent layoffs.
After six months in the pandemic, we are less than halfway back to where we were — with 11.5 Million Americans not yet getting their jobs back.
We’re still down 720,000 manufacturing jobs. In fact, Trump may well be the only president in modern history to leave office with fewer jobs than when he took office.
Talk to a lot of real working people who are being left behind — ask them, do you feel the economy is coming back?
They don’t feel it.
That’s why I’m here today.
Thank you, Paul Calistro and his team, for hosting us at West End Neighborhood House here in Wilmington.
You continue a tradition of doing God’s work for this community.
For more than 130 years, through pandemics, wars, and depression, West End has been there for generations of people who are just looking for a chance. Not a handout.
Just a fair shot at a good job, a safe place to live, and a better life to pass down to their kids.
And it’s a special place for the Biden family. My daughter Ashley worked here as a caseworker helping young people aging out of foster care.
When he was Attorney General of Delaware, my son Beau came here – right here – to learn more about its job training programs for folks working toward a GED and a certificate for a good-paying job.
And when I was Senator and Vice President, there were plenty of economists around to talk about how the economy was doing.
But I’d always think about the people who walk through these doors.
If working people — white, Black, Brown, Latino — here were doing okay, then I knew the economy was doing okay. If they weren’t, then I knew we weren’t.
And that’s what we should think about with the latest jobs report.
But the report reinforces our worst fears and painful truths — the economic inequities that began before the downturn have only worsened under this failed presidency.
When the crisis started, we all hoped for a few months of a shutdown followed by a rapid economic turnaround. No one thought they’d lose their job for good or see small businesses shut down in mass.
But that kind of recovery requires leadership — leadership we just don’t have.
As a result, economists are starting to call this a K-shaped recovery — which is a fancy phrase for what’s been wrong with everything about Trump’s presidency.
The “K” means that those at the top see things go up, but those in the middle and below see things get worse.
That’s no surprise because at the root of this is the fact that Trump has managed COVID to become a K-shaped pandemic.
First, the president’s chaotic mismanagement of the pandemic is still holding us back.
And compared to other major industrial countries in Europe and Asia during the pandemic, our unemployment rate has still more than doubled while those nations have only gone up by less than half.
Why? Because the president has botched the COVID response. Botched it badly.
I’ve said from the beginning, you can’t deal with the economic crisis until you beat the pandemic.
You can’t have a full economic comeback, when almost 1,000 Americans die each day from COVID, when the death toll is about to reach 200,000, when more than six million Americans have been infected, and when millions more are worried about getting sick and dying as schools and businesses try to reopen. And we all know it didn’t have to be this bad. It didn’t have to be this bad if the president just did his job.
If he just took this virus seriously early on in January and February as it spread around the globe.
If he just took the steps we needed back in March and April to institute widespread testing and tracing to control the spread.
If he provided clear, national, and science-based guidance to state and local authorities, and if he had just set a good example like social distancing and mask wearing. Not that much to ask.
But it’s almost like he doesn’t care because it doesn’t affect him and his class of friends.
Anyone with a big enough checkbook can get a rapid test on demand.
If you don’t, you might have to wait in line for hours and weeks for results — if you can get a test at all.
If you have the kind of job where you can work on your laptop — at home, or remotely — your risk of getting COVID at work is small.
This jobs report shows that 37 million workers reported teleworking in August.
But if you work on an assembly line or at a checkout counter orat a meat packing plant, or if you drive a truck or deliver packages — you’re at greater risk.
And the jobs report shows that more than 24 million workers reported that they couldn’t work or lost hours because their employer had to close or lost business due to the pandemic.
If you can hire a private tutor, or have live-in child care, you can balance being a parent and remote schooling.
If you can’t, you have to do your job and be a teacher all at once.
Jill and I just held a briefing on reopening schools safely two days ago, asking the questions we hear from so many parents and educators who feel like they are in an impossible situation: What are we supposed to do with our children when the president has made it so hard for schools to reopen safely?
What’s the alternative when it’s devastating to keep them isolated from their friends and support system?
I also said earlier this week, to the shock of many, that we have lost more cops this year to covid than when they’re on patrol.
It’s a reminder how a dangerous job — law enforcement — has gotten more dangerous due to Trump’s mismanagement.
What may be just as shocking as that is many other jobs have also become dangerous due to Covid.
Being a health care worker is now more dangerous than ever — we’ve lost hundreds of them this year because they weren’t protected from COVID on the job.
Being a meat packer is more dangerous — so many have died due to getting COVID at work.
Work for waiters and waitresses and transit workers has all become more dangerous with so many dying of COVID.
Ladies and gentlemen, no matter what he says or what he claims, you are not safer in Donald Trump’s America. You are not safe in Trump’s America where people are dying at a rate last seen when Americans were fighting in World War II.
Donald Trump’s malpractice during this pandemic has made being a working American life-or-death work.
And while there’s a disproportionate impact on Black, Latino, Asian American, and Native American working class communities — white working class communities are being hit hard, too.
Opioid deaths, for example, are up during the pandemic —another crisis that President Trump all but ignores.
In the meantime, Trump and his friends have strong views about what the rest of America should do:
Cut unemployment benefits to force people to go back on their jobs.
Defund Social Security and eliminate Obamacare — in the middle of a pandemic.
Reopen public schools without resources or guidance.
Reopen businesses without protection for workers so corporations can continue to soar
This is their plan?
Second, and similarly, the economic pain remains unrelenting for millions of working people of every race and background who aren’t getting the relief they need.
Meanwhile the wealthy are doing just fine, if not better than ever.
This divergence in fortune is unique to any recession in recent memory.
And the painful truth is we have a president who just doesn’t see it.
Who doesn’t feel it. Who doesn’t understand. He just doesn’t care.
He thinks if the stock market is up, then everything is great.
If his rich friends and donors are doing well, then everyone is doing well.
If corporations see their valuations rising — then they must be hiring.
But even the best economists know what I know growing up in neighborhoods in Scranton, Pennsylvania and Claymont, Delaware — places where folks aren’t invested in the market like wealthier Americans.
The measure of our economic success is the quality of life of the American people. And if our stocks soar as families teeter on the brink of hunger and homelessness — and our president calls that a success — what does that say about what he values?
When you see the world in such a narrow way, it’s no wonder he doesn’t see the nearly 30 million Americans on unemployment, and 1 in 6 small businesses that are closed right now.
He doesn’t understand what life is like for people walking by their boarded up shop — educators afraid that doing the job they love will bring the virus home to the people they love — or a parent searching for health insurance now that the furlough has turned into a layoff.
It’s no wonder he doesn’t see the single mom forced to wait in a three-hour food line for the first time in her life because she’s now part of a record 1 in 6 households with children that don’t have enough food to eat.
He wants us to believe that we’re doing better — to keep it up while we’re still in a deep, deep hole —and our country faces a historic divergence in our way of life.
Which gets to my third point and final point — and what the American people really need to understand — all the pain and suffering stems from President Trump’s failure to lead.
His sheer inability and unwillingness to bring people together.
He likes to sign executive actions for photo ops. But they are ill-conceived and could do more harm than good.
He says he is protecting renters from eviction, but he’s not giving them any support to pay their rent.
Millions of Americans will ultimately be left with a terrible choice between eviction and living on the street — or paying back rent they simply don’t have.
He says he is continuing to provide enhanced unemployment insurance payments — but he cut the amount for everyone on it and will leave them on the edge when it runs out in a few weeks or sooner.
What he should be doing is calling Congressional leaders together — immediately — to get a deal that delivers real relief to the American people.
If I were president, that’s what I would do — and I’d get it done.
Rental, food, unemployment assistance to tens of millions of struggling Americans.
Student loan relief, small business support, and aid to schools and state governments. And as long as this pandemic and the accompanying economic catastrophe persist, no one should have their water or their power cut off because they can’t afford to pay the bill.
Bottom line, Mr. President — do your job.
Get off your golf course and out of the sand bunker. Call the leaders of Congress together. Get them into the Oval Office. Make a deal that delivers for working people.
In July, I laid out my Build Back Better plan for an economy that works for everyone.
Over the next three weeks, I will be laying out the sharp contrast with President Trump.
I’ll be asking the American people three basic questions: Who can handle the pandemic? Who can keep their promises? Who cares about and will fight for working families?
Like the people here at West End. Throughout this pandemic, they found a way to keep the center open safely to provide their critical services.
No one was laid off. They adjusted their space for social distancing. They started a lending program to help local small businesses.
They continued their child care services, which is critical for so many working families. By pure courage, heart and gut, they never give up and they never give in as they pursue the full promise of America.
That’s the story of the people of this community and of this country. That’s who we are.
Give ordinary Americans just a half a chance and they will do extraordinary things.
They’ll never let America down — and unlike the current President — I won’t either.
On Saturday, August 8, Trump signed four Executive Orders intended to substitute for Congressional Republicans compromising with Democrats on a relief package against the health and economic ravages of the coronavirus pandemic. In a vitriolic speech, delivered to a mini-rally assembled from among his Bedminister golf course members, he attacked the Democrats’ plan, threatened a stock market crash should Joe Biden become president, and promised to end the payroll tax (which funds Social Security) should he be elected.
Indeed, Trump delivered this campaign promise: to reduce income taxes and capital gains taxes (in order to goose the stock market), in effect robbing the US Treasury which is already over $25 trillion in debt with trillions added because of the 2017 GOP tax cuts and the trillions spent on COVID relief, much of it going to the wealthiest and best connected. Instead of providing aid to states and localities which have been devastated by depleted revenues and run-up in costs to address COVID-19, he put more of the burden on states to come up with his faux employment benefits (it requires 25% to be paid by states). Instead of funding election protection and the post office, he accused Democrats of stealing the election.
“The massive taxpayer bailout of badly run blue states we talked about — that’s one of the things they’re looking to do. Measures designed to increase voter fraud,” he told his adoring audience.
“You know what it’s about? Fraud. That’s what they want: fraud. They want to try and steal this election because, frankly, it’s the only way they can win the election.
“The bill also requires all states to do universal mail-in balloting — which nobody is — nobody is prepared for — regardless of whether or not they have the infrastructure. They want to steal an election. That’s all this is all about: They want to steal the election.”
Trump couldn’t resist attacking proposals for a Green New Deal: “And they want to do the Green New Deal, which will decimate our country and decimate — it’s ridiculous, too. It’s childish. I actually say the Green New Deal is childish. It’s for children. It’s not for adults.”
And when asked what happens if the states can’t pony up the 25% to continue the $400 (not $600) unemployment benefits (the 75% that the federal government would spend would be coming from the states’ share of the CARES Act funding), he said, “Well, if they don’t, they don’t…So I don’t think their people will be too happy.”
As for the reduction in unemployment benefits, Trump said, “this gives them a great incentive to go back to work.”
Questioned about the constitutionality of going around Congress, which has the sole “power of the purse,” Trump said, “This will go very [fast]– if — if we get sued. Maybe we won’t get sued. If we get sued, it’s somebody that doesn’t want people to get money. Okay? And that’s not going to be a very popular thing. “
Pressed whether a President should go around Congress “ and decide how money is collected and spent?” Trump retorted, “You ever hear the word ‘obstruction’? “yes,” the reporter replied. “You were investigated for that.”
Trump then replied, “They’ve obstructed. Congress has obstructed. The Democrats have obstructed people from getting desperately needed money.”
“But this is in the Constitution, Mr. President,” the reporter insisted.Asked why he keeps taking credit for Veterans Choice, which was passed in 2014 by the Obama Administration, Trump abruptly ended the press conference.
In reaction to Trump’s executive orders, Vice President Joe Biden, presumptive Democratic nominee for President, issued this statement: –Karen Rubin/news-photos-features.com
Unable to deliver for the American people in a time of crisis, Donald Trump offered a series of half-baked measures today. He is putting Social Security at grave risk at a time when seniors are suffering the overwhelming impact of a pandemic he has failed to get under control. And make no mistake: Donald Trump said today that if he is re-elected, he will defund Social Security.
For months, Trump has golfed rather than negotiated, and sown division rather than pull people together to get a package passed. Now, instead of staying in Washington and working with Republicans and Democrats to reach a bipartisan deal, President Trump is at his golf club in New Jersey signing a series of dubious executive orders.
This is no art of the deal. This is not presidential leadership. These orders are not real solutions. They are just another cynical ploy designed to deflect responsibility. Some measures do far more harm than good.
One order is Donald Trump’s first shot in a new, reckless war on Social Security. Trump announced a payroll tax plan with no protections or guarantees — like the ones the Obama-Biden administration enforced a decade ago — that the Social Security Trust Fund will be made whole. And, Trump specifically stated today that if re-elected, he plans to undermine the entire financial footing of Social Security. He is laying out his roadmap to cutting Social Security. Our seniors and millions of Americans with disabilities are under enough stress without Trump putting their hard-earned Social Security benefits in doubt.
Another order brings cuts, chaos, and confusion to our system of unemployment insurance. Trump is unilaterally reducing the amount laid-off workers could receive. And he purports to provide these benefits until the end of the year, but only identifies enough funding to make it a handful of weeks. Even with that limited funding, Trump is basically playing a cruel game of robbing Peter to pay Paul: He is taking billions of dollars of federal natural disaster funding away so it won’t be available to states like Florida. And, he is forcing states to choose between imposing benefit cuts for unemployed workers or slashing funds for public schools, health workers, and first responders.
A third order, on evictions, is woefully inadequate to deal with the emerging housing crisis. He is leaving our nation’s renters with ever-mounting debt and leaving our small family landlords badly squeezed. Without a comprehensive plan to help our American families make rent, they will leave this crisis months behind on their payments while many landlords teeter on the verge of bankruptcy.
And a fourth order is a band-aid approach to student debt that leaves out 7 million borrowers who obtained their federal loans from private lenders or their college rather than the Department. The economic strain on these Americans is deep and unrelenting.
There is a solution to all of this pain and suffering. A real leader would go back to Washington, call together the leaders of the House and Senate, and negotiate a deal that delivers real relief to Americans who are struggling in this pandemic. We need a president who understands their struggle and believes in their courage to overcome.
For Trump and the Republicans, the likely rise in homelessness because of mass evictions and foreclosures as a result of the economic collapse due to the coronavirus is another tool of voter suppression. Vice President Joe Biden, the presumptive Democratic candidate for president, is calling for an Emergency Housing Package (c) Karen Rubin/news-photos-features.com
Vice President Joe Biden, the presumptive Democratic candidate for president, calls out Trump and the Republicans for sitting by as 20 million Americans who have lost their jobs as a direct result of the coronavirus pandemic, now face eviction from their apartments, foreclosure from their homes (Treasury Secretary Steve Mnuchin made a fortune foreclosing on people in the 2008 Great Recession). The impacts of this collapse of family finances will follow for the rest of their lives, effectively canceling out the American Dream, if families can survive at all. I would submit what seems “merely”callous and indifferent to the suffering of so many is intentional. It is yet another tool in the Trump and Republicans’ campaign to suppress votes by likely Democratic voters – the more misery the better, but also, these voters can be challenged at the polls as no longer living where they were registered and unable to receive a vote-by-mail.
In contrast, Trump has elevated housing – fair housing – into another bullhorn call-out to his base. Just as he has done to sabotage Obamacare in the midst of a pandemic, he has rolled back an Obama-era rule – Affirmatively Furthering Fair Housing — that required local governments provide fair housing in order to receive federal housing funds. Trump tweet-gloated, not even bothering to code his meaning about who he was appealing to and why: “I am happy to inform all the people living their Suburban Lifestyle Dream that you will no longer be bothered or financially hurt by having low income housing built inyour neighborhood…Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH Rule. Enjoy!”
This is a statement from Vice President Biden on what a functioning federal response to such widespread homelessness should be: pass an emergency housing relief package –Karen Rubin/news-photos-features.com
Today is the first day of another month where rent and mortgage payments are due for millions of Americans who are already living on the edge. It comes a day after President Trump and Leader McConnell sent the Senate home for the weekend and allowed enhanced unemployment insurance, which millions of families have been using to pay their rent and bills, to lapse. And, the day after, we found out the last three months have been the worst period for our economy in recorded history. Hundreds of thousands of small businesses have shut their doors, with minority entrepreneurs especially hard hit. More than 30 million Americans are struggling to get by as their unemployment benefits are about to get sharply cut. Over the next two months, with no federal eviction moratorium in place, as many as 20 million families could find themselves out in the street without a safe place to live.
Because Donald Trump is abdicating his responsibility to lead us out of the pandemic crisis and the economic crisis, we now face a potential housing crisis across the country.
To prevent a catastrophic rise in evictions and homelessness, President Trump must work with Congress to act swiftly and enact a broad emergency housing support program for renters, just as we would in the aftermath of a natural disaster. Such a step would get help out quickly and at scale so that millions of people aren’t evicted or forced to choose between rent and food. Congress must also provide emergency unemployment benefits, greater access to food and nutrition programs, and full subsidies to allow families to keep their health insurance, so that the loss of one family member’s job doesn’t push the family into foreclosure and on the streets. This legislation must also include the fiscal relief necessary so state and local governments can keep on payroll the first responders, public school educators, and other public servants who ensure our cities and towns are clean, safe, and running.
Combined, these steps could put the nation in a much stronger position to handle the strain the virus is putting on millions of Americans and our entire economy. They are among many others we must take.
Vice President Joe Biden, the presumptive Democratic candidate for president, has offered a long list of specific plans to solve the nation’s most pressing problems, and now crises (c) Karen Rubin/news-photos-features.com.
Against an incumbent who only knows how to destroy, tear down, break up, cast blame, Vice President Joe Biden, the presumptive Democratic candidate for president, has offered a long list of specific plans to solve the nation’s most pressing problems, and now crises. Here he outlines his plan to Build Back Better with a specific agenda for advancing racial equity in the American economy. This is from the Biden campaign:
The Biden Plan to Build Back Better by Advancing Racial Equity Across the American Economy
Joe Biden’s jobs and economic recovery agenda is built on the proposition that we must build our economy back better than it was before the COVID-19 crisis.
Over the last month, Biden has been laying out his vision for a stronger, resilient, and inclusive economy. He believes in an economy where every American enjoys a fair return for their work and an equal chance to get ahead. An economy more vibrant and more powerful precisely because everybody will be included in the deal. An economy where Black, Latino, Asian American and Pacific Islander (AAPI), and Native American workers and families are finally welcomed as full participants.
Today, multiple, overlapping crises reinforce how far we have to go to deliver on that vision. The pandemic has shone a bright light on racial disparities in health and health care — as Black and Brown Americans have suffered and died from the coronavirus at rates far higher than white Americans. The economic crisis has hit Black and Brown communities especially hard, with Black unemployment at 15.4 percent, Latino unemployment at 14.5 percent, and businesses owned by Black, Latino, and Asian American people closing down at alarming rates. We are also seeing a national reckoning on racial justice and the tragic human costs of systemic racism in the murder of George Floyd and so many other Black men, women, and children. And through it all, the climate crisis mounts, with air and water pollution, superstorms and extreme weather, disproportionately impacting Black and Brown communities.
Biden believes we cannot build back better without a major mobilization of effort and resources to address these challenges and to advance racial equity across the American economy. That is why racial equity is a distinct pillar of his Build Back Better plan, as well as incorporated in each of the other pillars. Biden will remove barriers to participation in our economy, expand access to opportunity, and fully enforce the policies and laws that we already have on the books — and the pledges Biden has made in this campaign.
In laying out his Build Back Better agenda, Biden has announced bold investments — in infrastructure, innovation, manufacturing, education, housing, clean energy, federal procurement, and small businesses. Today, as the fourth pillar of the Build Back Better Agenda, he is announcing how he will direct many of these investments to advance racial equity as part of our nation’s economic recovery.
Specifically, Biden will:
Spur Public-Private Investment through a New Small Business Opportunity Plan
Reform Opportunity Zones to Fulfill Their Promise
Make a Historic Commitment to Equalizing Federal Procurement
Ensure His Housing Plan Makes Bold Investments in Homeownership and Access to Affordable Housing for Black, Brown, and Native Families
Achieve Equity in Management, Training, and Higher Education Opportunities Connected to the Jobs of the Future
Boost Retirement Security and Financial Wealth for Black, Brown, and Native Families
Ensure Workers of Color Are Compensated Fairly and Treated With Dignity
Ensure Equity in Biden’s Bold Infrastructure and Clean Energy Investments
Support Second Chances for Economic Success
Strengthen the Federal Reserve’s Focus on Racial Economic Gaps
Promote Diversity and Accountability in Leadership Across Key Positions in All Federal Agencies
Build a 21st Century Care Infrastructure
Address Longstanding Inequities in Agriculture
SPUR PUBLIC-PRIVATE INVESTMENT THROUGH A NEW SMALL BUSINESS OPPORTUNITY PLAN
Small business ownership is one of our country’s cornerstones for wealth building and job creation. However, persistent racial disparities in wealth and access to capital, combined with outright discrimination in the financial sector, have contributed to inequities in small business ownership, growth, and success. To address the racial wealth gap, the opportunity gap, and the jobs gap for Black and Brown people, Biden will launch a historic effort to empower small business creation and expansion in economically disadvantaged areas – and particularly for Black-, Latino-, AAPI-, and Native American-owned businesses. In addition to providing small businesses with an ambitious “restart package” to survive the current crisis and come out the other side strong, he is launching a special, ongoing initiative to empower these entrepreneurs to succeed and grow with a three-prong Small Business Opportunity Plan. His plan is consistent with key elements in the Jobs and Neighborhood Investment Act recently proposed by Democratic Senators Chuck Schumer, Mark Warner, Cory Booker, and Kamala Harris. Biden will:
Spur more than $50 billion in additional public-private venture capital to Black and Brown entrepreneurs by funding successful state and local investment initiatives and making permanent the highly effective New Markets Tax Credit.
Expand access to $100 billion in low-interest business loans by funding state, local, tribal and non-profit lending programs in Black and Brown communities and strengthening Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), and the Community Reinvestment Act.
Eliminate barriers to technical assistance and advisory services by investing in a national network of cost-free business incubators and innovation hubs and intensive business seminars.
Collectively, Biden will leverage more than $150 billion in new capital and opportunities for small businesses that have been structurally excluded for generations. Biden will devote $30 billion (or 10%) of the $300 billion in innovation funding as part of his plan to ensure the future is “Made in All of America” to the Small Business Opportunity Fund to leverage private investment of $5 for each $1 of new public investment to reach this $150 billion. And, by empowering the financial institutions that support businesses owned by Black and Brown people, generating new capital, and providing robust technical assistance, Biden will unleash the full potential of small businesses and entrepreneurs.
Spur More than $50 Billion in New Equity Investment and Venture Capital for Entrepreneurs in Economically Disadvantaged Areas: Black and Brown entrepreneurs face unique barriers to obtaining the capital that they need to start and grow a business. For example, three-fourths of venture capital goes to just four cities – and far too little flows to businesses owned by Black and Brown people. To address this problem, Biden will:
Dramatically increase the availability of venture capital investments for small businesses, especially those owned by Black and Brown people. The Obama-Biden Administration’s State Small Business Credit Initiative (SSBCI) succeeded in expanding venture capital in states and areas too often left behind. More than 80% of venture capital supported by the SSBCI went to states that typically receive just 20% of private venture capital. Biden will expand those efforts by allocating $10 billion from the new Small Business Opportunity Fund to state and local venture capital programs that, based on past SSBCI investments, can spur $50 billion in new equity investment for small businesses. This new investment will be targeted to entrepreneurs who create jobs and growth in lower-income urban, tribal, and rural areas, with an emphasis on reaching businesses owned by Black and Brown people. This robust funding will help meet the goal Biden laid out in his “Made in All of America” initiative of venture capital and innovation investments benefiting all Americans across all of America.
Encourage private equity investment in businesses owned by Black and Brown people by expanding the New Markets Tax Credit (NMTC) to $5 billion yearly and making it permanent. The NMTC provides a credit of up to 40% for equity investment in small businesses that are pre-approved as benefiting low- and moderate-income areas. It is highly efficient: Every $1 of public funding leverages $8 of private investment. Through 2019, the NMTC supported $100 billion of investments in businesses and economic development projects to help revitalize disadvantaged communities. Expanding the NMTC will provide more investors the incentive to fund businesses owned by Black and Brown people. By increasing NMTC funding and making it permanent – together with the bold new venture funding in the Small Business Opportunity Fund – Biden will help ensure that more than $50 billion in additional venture and equity capital flows to small businesses and communities that have been held back due to systemic racism. And he will work to ensure that tribal projects benefit from the credit.
Leverage $100 Billion in Additional Financing for Small Businesses: In 2019, only 10% of funding from the Small Business Administration’s (SBA) major lending programs went to Black, Latino, and Native American entrepreneurs. Meanwhile, the Paycheck Protection Program has been rife with inequities: A recent “secret shopper” study by the National Community Reinvestment Coalition found that when Black small businesses applicants contacted a bank, nearly half the time, they were given inferior treatment to white applicants with nearly identical credit histories and business profiles. To address this problem, Biden will:
Expand lending through the expanded Small Business Opportunity Fund. Every $1 for state lending programs under the Obama-Biden SSBCI was proven to leverage anywhere from $5 to $23 of increased lending for small businesses through lending programs like capital access programs, revolving loan funds, and collateral assistance. Approximately 80% went to small businesses with 10 or fewer full-time employees. Biden will dramatically expand and broaden successful state, local, tribal, and non-profit programs that provide low-cost lending to minority small businesses and others serving underserved areas. In addition to supporting state initiatives for disadvantaged small businesses, Biden will also include an innovation fund that will allow coalitions of cities, CDFIs, or non-profits to seek funding to create or expand small business lending programs that disproportionately benefit small businesses owned by Black, Latino, AAPI, and Native American people and those serving low income communities.
Capitalize Community Development Financial Institutions. CDFIs are on the frontlines of the battle to close the racial wealth gap. Biden will seek to expand the role of CDFIs in underserved communities around the country by doubling their direct funding, making them a top vehicle for funding from the Small Business Opportunity Fund, and expanding their capacity to offer both micro-loans to small start-ups and larger loans to existing small businesses who have the capacity to grow. Biden will use the Small Business Opportunity Fund to strengthen CDFI stability and lend through targeted policies, such as those proposed in the Jobs and Neighborhood Investment Act. He will also ensure these investments direct increased resources to the Native American CDFI Assistance Program (NACA Program), which has proven a successful way to increase capital access across Indian Country.
Ensure all small business relief efforts are specifically designed to aid businesses owned by Black and Brown people. Trump’s team designed the PPP to allow the largest banks to give their most well-off clients “concierge” service at the front of the line while closing the door on Black-, Latino-, AAPI-, and Native American-owned businesses that did not have deep relationships with big banks. Biden will ensure from the start that any emergency small business relief plan that will still be needed in January 2021 will have clear provisions to ensure that true small businesses — especially those owned by Black and Brown people and those serving underserved rural, tribal, and urban areas — get the relief they need. He will reserve half of new small business relief — whether the PPP or future efforts — for small businesses with 50 employees or fewer, including microbusinesses and sole proprietorships, so the bigger and more well-connected aren’t able to win in a first-come, first-served race. Biden’s technical assistance programs — described below — will also involve “navigator” assistance for small — often minority-owned — businesses to ensure fair access to these programs.
Strengthen and expand the Community Reinvestment Act to ensure that our nation’s bank and non-bank financial services institutions are serving all communities. The Community Reinvestment Act currently regulates banks, but does little to ensure that “fintechs” and non-bank lenders are providing responsible access to all members of the community. On top of that gap, the Trump Administration is proposing to weaken the law by allowing lenders to receive a passing rating even if the lenders are excluding many neighborhoods and borrowers. Biden will expand the Community Reinvestment Act to apply to mortgage and insurance companies, add a requirement for financial services institutions to provide a statement outlining their commitment to the public interest, and, importantly, reverse new rules that allow these institutions to avoid lending and investing in all of the communities they serve.
Expanding Access to Additional Resources and Technical Assistance for Black and Brown Entrepreneurs: There are no limits or barriers to the talent and entrepreneurial spirit across our nation. Yet, for many, there are major limits to accessing the networks and professional services needed to succeed. For small businesses in underserved communities, this type of assistance is often unavailable or unaffordable, creating an additional barrier to opportunity. As President, Biden will launch an Expanding Entrepreneurship Initiative that provides all Americans, regardless of their background, with the resources and technical assistance they need to start and grow their own business. This initiative will:
Create a national network of federally funded small business incubators and innovation hubs. Many new businesses stand to benefit from the proliferation of for- and non-profit business incubators and innovation hubs. However, these organizations do not exist in every community and are rarely free. As President, Biden will increase federal funding for non-profit incubators and innovation hubs around the country, especially those serving Black, Latino, AAPI, and Native American entrepreneurs to ensure that all Americans, regardless of race or wealth, have a fair shot at starting and growing their own business. Biden will co-locate new hubs on the grounds of Small Business Development Centers, public libraries, community colleges, Historically Black Colleges and Universities (HBCUs), Tribal Colleges and Universities (TCUs), and Minority Serving Institutions (MSIs). These non-profit organizations will offer shared office and manufacturing space; business coaching; opportunities to partner with national laboratories and commercialize federally funded research; and legal, human resources, accounting, regulatory compliance, and information technology services to aspiring entrepreneurs free of charge for a period of up to two years. While some incubators and innovation hubs may specialize in specific industries depending on the regional economy, they will welcome and support all start-ups.
Establish an intensive, semester-long business development program at every public community college in the United States, as well as two-year HBCUs, TCUs, and MSIs. Many Americans with a business idea don’t know where to get started. While business classes exist, many of them are prohibitively expensive, especially for an aspiring entrepreneur who is already worried about how they are going to come up with enough money to open their first business. As President, Biden will create a new federal grant program to establish free business development programs at the more than 1,000 public community colleges around the country. Business experts and, where possible, experienced entrepreneurs will lead course instruction and provide hands-on assistance to program participants. Classes will take place during the evenings and on weekends to provide greater flexibility to students and instructors. Upon completion of the free program, participants will be eligible for ongoing technical assistance for up to two years.
Increase the funding and stature of the Minority Business Development Agency (MBDA). Latino and Black Americans are roughly 30% of the U.S. population; yet they currently own just 7.5% of small businesses with employees. For almost four years, the only federal agency charged with addressing racial disparities in small business ownership has been on the Trump administration’s chopping block. MBDA provides business consulting services and connects minority-owned businesses with capital and contracting opportunities. These services are critical. Instead of trying to reduce or eliminate funding for MBDA, Biden will protect the agency and call on Congress to increase its funding dramatically. Biden will elevate the Director of the MBDA to the Assistant Secretary level and instruct the MBDA to coordinate all federal offices charged with reducing barriers to procurement for underrepresented groups. With additional resources and authority, MBDA will also be able to create new business development grants and other programs that will address the economic challenges facing Black and Brown communities, expand small business ownership, and shrink the racial wealth gap. In addition, Biden will provide MBDA with $5 billion in annual lending and investment authority to ensure capital flows directly to minority-owned businesses and investments in critical infrastructure in Black, Latino, AAPI, and Native American communities.
Unleash the full potential of businesses owned by Black and Brown people and other disadvantaged businesses to participate in the global marketplace. Biden believes American small businesses can compete and win in global markets – and small businesses owned by Black and Brown people have unique strengths to help win in these markets. Biden will help Black and Brown Americans grow their exports by: 1) requiring U.S. corporations with over $1 billion in revenues that receive federal financing or incentives for their global business to publicize data on their use of firms owned by Black and Brown Americans in their supply chains; 2) requiring the U.S. International Development Finance Corporation and other U.S.-based international development organizations to increase global contracting opportunities for firms owned by Black and Brown Americans; 3) requiring U.S. construction companies and others that build projects abroad for the United States government to develop strategies to increase partnerships with American small businesses owned by Black and Brown people; and 4) requiring the Export-Import Bank to increase its small business financing and develop targets for the percent of authorized value of its transactions going to businesses owned by Black and Brown Americans.
Employ the resources of the federal government to protect Native artisans. Arts and crafts are a big economic driver for Indian Country, but too many businesses devalue the livelihood of Native American artists by selling fake Native American art. Biden will call on the U.S. Department of Justice to bring more prosecutions under the Indian Arts and Crafts Act, a federal truth-in-advertising law that prohibits the marketing and sale of products that are inaccurately marketed as an Indian product or Native-produced.
REFORM OPPORTUNITY ZONES TO ENSURE THEY SERVE BLACK AND BROWN COMMUNITIES, SMALL BUSINESSES, AND HOMEOWNERS
Like many Americans, Biden initially hoped that Opportunity Zones would be structured and administered by the Trump Administration in a way that advanced racial equity, small business creation, and homeownership in low-income urban, rural, and tribal communities. It is now clear that the Trump Administration has failed to deliver on that promise in too many places around America. As the Urban Institute has found, the program as a whole is “not living up to its economic and community development goals.” While there have been positive examples, in too many instances investors favor high-return projects like luxury apartments over affordable housing and local entrepreneurs.
We cannot close the racial wealth gap if we allow billionaires to exploit Opportunity Zones tax breaks to pad their wealth, rather than investing in projects that benefit distressed low-income communities and Americans that are struggling to make ends meet. As President, Joe Biden will task his team to develop a plan for reforming Opportunity Zones, including steps like:
Incentivizing Opportunity Funds to partner with non-profit or community-oriented organizations, and jointly produce a community-benefit plan for each investment, with a focus on creating jobs for low-income residents and otherwise providing a direct financial impact to households within the Opportunity Zones.
Directing that Opportunity Zone benefits be reviewed by the Department of Treasury to ensure these tax benefits are only being allowed where there are clear economic, social, and environmental benefits to a community, and not just high returns — like those from luxury apartments or luxury hotels — to investors.
Introducing transparency by requiring recipients of the Opportunity Zone tax break to provide detailed reporting and public disclosure on their Opportunity Zone investments and the impact on local residents, including poverty status, housing affordability, and job creation.
MAKE A HISTORIC COMMITMENT TO EQUALIZING FEDERAL PROCUREMENT AS PART OF HIS BOLD PROCUREMENT PLAN
Biden’s Build Back Better plan includes a historic procurement effort designed to support small businesses and tackle long standing inequities in the federal contracting system. During his first term, Biden will tighten Buy American requirements for existing procurement and invest $400 billion in additional federal purchases of products made by American workers. And, he will make transparent, targeted investments that unleash new demand for domestic goods and services and create American jobs in communities across the country. As part of this effort, his multi-pronged small business contracting strategy will include formula-based awards; widespread outreach and counseling to small business owners, especially Black and Brown business owners; and transparent, frequent monitoring of contract awards. This will make certain that the largest mobilization of public investments in procurement, infrastructure, and R&D since WWII is equitably distributed across communities and businesses. Biden will also take concrete steps to streamline the federal procurement process as a whole and ensure it finally mirrors the demographics of this country. Specifically, Biden will:
Require prime contractors to develop and execute plans to increase subcontracting opportunities for small disadvantaged businesses (SDBs). As President, Biden will fully enforce existing laws that require prime contractors who bid for federal procurement opportunities to develop ambitious plans for subcontracting with small disadvantaged businesses. Biden will ensure prime contractors honor their commitments to SDBs by requiring detailed status updates and increasing SBA’s capacity to provide robust oversight and hold all bad actors accountable. Prime contractors will also have to regularly publish their business diversity data. The MBDA will publish an annual report that outlines the current state of minority business contracting (including racially disaggregated data on contract awards), updates the public on the administration’s progress towards meeting contracting goals, and identifies areas for improvement.
Expand long-term technical assistance and federal contracting preferences for small disadvantaged businesses. The SBA 8(a) program is currently one of the most effective tools for connecting small disadvantaged businesses to federal contracting opportunities. In Fiscal Year 2019 alone, 8(a) firms won $30 billion in federal contracts. As President, Biden will triple the federal goal for contracting with all small disadvantaged businesses from 5 percent to a minimum of 15 percent of all federal procurement dollars by 2025. He will increase the program’s administrative capacity, bolster marketing of the program in Black and Brown communities and tribal lands, streamline the application process, and create a national standard for service delivery. Biden will also extend the maximum length of time that a firm may participate in the 8(a) program and create a more supportive off-ramp to help graduates transition out. Biden will require public disclosure of program participant demographics to ensure participation is equitable.
Incentivize state and local governments and private sector partners to contract with small disadvantaged businesses. As Biden works to improve the federal procurement system, he will ask state and local governments and private sector partners to publicly share their small disadvantaged business contracting goals and strategies. Biden will work with them to develop new goals for SDB contracting and timebound strategies for achieving these goals. The administration will facilitate partnerships between these entities and require every institution that applies for federal grants, contracts, and other opportunities to demonstrate in writing how they are taking affirmative steps to extend contracting opportunities to underrepresented groups. And, he will publish a nationwide scorecard of each state’s efforts to contract with small disadvantaged businesses.
Protect small disadvantaged businesses from federal and state contract bundling which often prevents smaller firms owned by Black and Brown people from effectively bidding on procurement contracts. Biden will build on the anti-bundling provisions of the Small Business Jobs Act of 2010, by having the Office of Management and Budget, SBA, and MBDA conduct a government-wide review of existing contract bundling to determine whether agencies are following existing rules and whether agencies have the ability to further ensure small business participation in federal and state procurement opportunities.
Strengthen implementation of the Buy Indian Act within the Bureau of Indian Affairs and the Indian Health Service to increase procurement opportunities for Native owned businesses.
Throughout, Biden will ensure federal dollars support American workers and their families. As called for in his plan to strengthen worker organizing, collective bargaining, and unions, Biden will require that all companies receiving procurement contracts are using taxpayer dollars to support good American jobs, including a commitment to pay at least $15 per hour, provide paid leave, maintain fair overtime and scheduling practices, and guarantee a choice to join a union and bargain collectively.
ENSURE HIS HOUSING PLAN MAKES BOLD INVESTMENTS IN HOMEOWNERSHIP AND ACCESS TO AFFORDABLE HOUSING FOR BLACK, LATINO, NATIVE, AND AAPI FAMILIES
Biden believes the middle class isn’t a number, but a value set that includes the ability to own your own home and live in a safe community. Housing should be a right, not a privilege.
Today, however, far too many Americans lack access to affordable and quality housing. Racial inequality permeates U.S. housing markets, with homeownership rates for Black, Latino, AAPI, and Native American households far below those of their white counterparts. Because home ownership is how many families save and build wealth, these racial disparities in home ownership contribute to the racial wealth gap. It is far past time to put an end to systemic housing discrimination and other contributors to this disparity.
At the same time, many families around the country face immediate risk of eviction in the midst of the Trump-created economic crisis. In June, more than one-third of renters—including 49% of Hispanic families and 43% of Black families— were not sure that they could pay their next month’s rent. To prevent a catastrophic rise in evictions and homelessness, Congress and President Trump must act now by creating a broad emergency housing support program modeled on the steps the government takes to address natural disasters, in order to get help out quickly and at scale.
To help families build wealth, secure a safe place to live in a vibrant and prosperous community, and ensure equal access to all aspects of the housing market, Biden will:
Help families buy their first homes and build wealth by creating a new refundable, advanceable tax credit of up to $15,000. Biden’s new First Down Payment Tax Credit will help low- and middle-income families offset the costs of home buying and help millions of families lay down roots for the first time. Building off of a temporary tax credit expanded as part of the Recovery Act, this tax credit will be permanent and advanceable, meaning that homebuyers receive the tax credit when they make the purchase instead of waiting to receive the assistance when they file taxes the following year.
Scale up support for investing in homeownership in revitalization areas. Several programs are designed to provide much needed support for families to invest in homeownership in distressed or marginalized neighborhoods including: HUD’s Good Neighbor Next Door program, which offers financial support for teachers, firefighters, and other critical workers to buy homes in distressed communities, and HUD’s Home Investment Partnership Program, which offers block grants for states to address the affordable housing challenges faced by low- and moderate-income families. And the proposed Neighborhood Homes Investment Act will provide tax credits for families to renovate distressed properties in distressed communities. A Biden Administration will scale these programs to help revitalize distressed neighborhoods across the nation and put more families into position to build wealth through homeownership.
Spur the construction of 1.5 million homes and public housing units to address the affordable housing crisis, increase energy efficiency, and reduce the racial wealth gap. Biden will make a bold federal investment in new affordable, accessible housing construction. He will ensure these homes are energy efficient from the start – saving the families who live there up to $500 per year. Biden will also drive additional capital into low-income communities and on tribal lands to spur the development of affordable housing and small business creation. He’ll incentivize smart regional planning that connects housing, transit, and jobs, improving quality of life by cutting commute times, reducing the distance between living and leisure areas, and mitigating climate change. For all of these new housing investments, those receiving assistance will be required to abide by high labor standards and source materials in the U.S. so that jobs created with these investments support family sustaining wages and benefits.
Call for more accurate, non-discriminatory, inclusive credit scoring and create a public credit reporting agency. Being able to obtain an accurate credit report and score is a critical step for homeownership. But today credit scoring and reports, which are issued by just three large private companies, are rife with problems: they often contain errors, they leave many “credit invisible” due to the sources used to generate a credit score, and they contribute to racial disparities. Biden will create a new public credit reporting and scoring division within the Consumer Financial Protection Bureau to provide consumers with a government option that seeks to minimize racial disparities, for example by ensuring the algorithms used for credit scoring don’t have a discriminatory impact, and by accepting non-traditional sources of data like rental history and utility bills to establish credit. As a first step to more broad-based support for these scores, Biden will call on federal housing programs to accept these scores in their financial assessments and underwriting requirements
Protect homeowners and renters from abusive lenders and landlords through a new Homeowner and Renter Bill of Rights. Modeled on the California Homeowner Bill of Rights, Biden will enact legislation to end many shortcomings in the mortgage and rental markets.
Bolster programs that improve housing affordability for renters. Biden will provide Section 8 housing vouchers to every eligible family so that no one has to pay more than 30% of their income for rental housing and work with Congress to enact a new renter’s tax credit, designed to reduce rent and utilities to 30% of income for low-income individuals and families who may make too much money to qualify for a Section 8 voucher but still struggle to pay their rent.
Protect tenants from eviction. In addition to supporting immediate relief for tenants facing eviction during this crisis, Biden will work to enact Majority Whip James E. Clyburn and Senator Michael Bennet’s Legal Assistance to Prevent Evictions Act of 2020, which will help tenants facing eviction access legal assistance. He also will encourage localities to create eviction diversion programs, including mediation, payment plans, and financial literacy education programs.
Eliminate local and state housing regulations that perpetuate discrimination. Exclusionary zoning has for decades been strategically used to keep Black and Brown people and low-income families out of certain communities. Among other steps, Biden will enact legislation requiring any state receiving federal dollars through the Community Development Block Grants or Surface Transportation Block Grants to develop a strategy for inclusionary zoning, as proposed in the HOME Act of 2019 by Majority Whip Jim Clyburn and Senator Cory Booker.
Hold financial institutions accountable for discriminatory practices in the housing market. The Obama-Biden Administration held major national financial institutions accountable for discriminatory lending practices, securing hundreds of millions of dollars in settlements to help borrowers who had been harmed by their practices. And in 2013, the Obama-Biden Administration codified a long-standing, court-supported view that lending practices that have a discriminatory impact can be challenged even if discrimination was not explicit. But now the Trump Administration is seeking to gut this disparate impact standard by significantly increasing the burden of proof for those claiming discrimination. In the Biden Administration, this change will be reversed to ensure financial institutions are held accountable for serving all customers and not practicing policies that have the effect of deepening the impacts of systemic housing discrimination.
Roll back Trump Administration policies gutting fair lending and fair housing protections for homeowners. Biden will implement the Obama-Biden Administration’s Affirmatively Furthering Fair Housing Rule requiring communities receiving certain federal funding to proactively examine housing patterns and identify and address policies that have a discriminatory effect. The Trump Administration suspended this rule in 2018. Biden will ensure effective and rigorous enforcement of the Fair Housing Act and the Home Mortgage Disclosure Act. And, he will reinstate the federal risk-sharing program which has helped secure financing for thousands of affordable rental housing units in partnership with housing finance agencies.
ACHIEVE EQUITY IN MANAGEMENT, TRAINING, AND HIGHER EDUCATION OPPORTUNITIES CONNECTED TO JOBS OF THE FUTURE
Stark racial disparities exist at every stage of our education system. These disparities compound and contribute to inequity in economic, health, housing, and criminal justice outcomes. As President, Biden will make significant investments into educational institutions and programs that are designed to elevate Black and Brown students. He will:
Provide relief from student debt. Student debt burdens are unequal across races, disproportionately depriving young Black and Latino graduates from beginning their working lives free of crushing student loan debt. The typical bachelor’s degree graduate has about $16,000 in debt compared to $23,400 for Black students. According to a recent Brookings Institution study, Black graduates with a four year degree are five times more likely to default on their student loans than white graduates and a 2019 study found that Latino students are more likely than white students to default on their loans. The inequitable burden of student loan debt contributes to the stark racial wealth gap that exists in society. Biden has introduced a sweeping plan to provide relief from student loan debt. He will:
Include in the COVID-19 response an immediate cancellation of a minimum of $10,000 of federal student loan debt.
Double the maximum value of Pell grants and significantly increase the number of middle-class Americans who can participate in the program.
More than halve payments on undergraduate federal student loans by simplifying and increasing the generosity of today’s income-based repayment program.
Fix the Public Service Loan Forgiveness Program and forgiving $10,000 of undergraduate or graduate student debt for every year of national or community service, up to five years.
Crack down on private lenders profiteering off students by empowering the Consumer Financial Protection Bureau to take action against private lenders who are misleading students about their options and do not provide an affordable payment plan when individuals are experiencing acute periods of financial hardship.
Forgive all undergraduate tuition-related federal student debt from two- and four-year public colleges and universities and private HBCUs and MSIs for debt-holders earning up to $125,000.
Make public colleges and universities, as well as private HBCUs and MSIs, tuition-free for all families with incomes below $125,000. Biden will make public colleges and universities and private HBCUs and MSIs tuition-free for all students whose family incomes are below $125,000. This proposal will help roughly 91 percent of Black households and 88 percent of Latino households, and 91 percent of Native American households.
Support colleges and universities that play unique and vital roles in their communities. In his higher education plan, Biden laid out a wide-ranging plan to improve resources available to Historically Black Colleges and Universities (HBCUs), Tribal Colleges And Universities (TCUs), Hispanic-serving Institutions (HSIs), Asian American And Native American Pacific Islander-serving Institutions (AANAPISIs), Alaska Native-serving Institutions and Native Hawaiian-serving Institutions (ANNHs), Predominantly Black Institutions (PBIs), and Native American-serving Nontribal Institutions (NASNTIs) that serve a disproportionate number of Black and Brown students, yet are severely under-resourced, especially when compared to other colleges and universities. Biden will:
Make HBCUs, TCUs, and MSIs more affordable for their students. Biden will provide tuition-free access to four-year public HBCUs and MSIs for students from families earning below $125,000. And, he will invest in grants to under-resourced, private-nonprofit HBCUs and MSIs so they can lower the cost of attendance for low- and middle-income students, including DREAMers. Schools receiving funds must invest in lowering costs, improving retention and graduation rates, and closing equity gaps year-over-year for Black and Brown students.
Invest in the diverse talent at HBCUs, TCUs and MSIs to solve the country’s most pressing problems. The Biden Administration will invest $10 billion to create at least 200 new centers of excellence that serve as research incubators and connect students underrepresented in fields critical to our nation’s future – including fields tackling climate change, globalization, inequality, health disparities, and cancer – to learning and career opportunities. These funds will provide additional work study opportunities and incentivize state, private, and philanthropic dollars for these centers. Biden will also boost funding for agricultural research at land-grant universities, many of which are HBCUs and TCUs, as outlined in his Plan for Rural America. As President, Biden will also dedicate additional and increased priority funding streams at federal agencies for grants and contracts for HBCUs and MSIs. And, he will require any federal research grants to universities with an endowment of over $1 billion to form a meaningful partnership and enter into a 10% minimum subcontract with an HBCU, TCU, or MSI.
Build the high tech labs and facilities and digital infrastructure needed for learning, research, and innovation at HBCUs, TCUs, and MSIs. Biden will invest $20 billion in infrastructure for HBCUs, TCUs, and MSIs to build the physical research facilities and labs urgently needed to deliver on the country’s research and development, to update and modernize deteriorating facilities, including by strengthening the Historic Preservation program, and to create new space for increasing enrollments, especially at HSIs. While schools will be able to use these funds to upgrade the digital infrastructure, Biden will also support TCUs and other institutions in rural areas by investing $20 billion in rural broadband infrastructure and tripling funding to expand broadband access in rural areas. Additionally, as President, Biden will ensure all HBCUs, TCUs, and MSIs have access to low-cost federal capital financing programs and will work with states to ensure they can take advantage of these programs. And, he will work to incentivize further public, private, and philanthropic investments in school infrastructure.
Provide support to continuously improve the value of HBCUs, TCUs, and MSIs by investing $10 billion in programs that increase enrollment, retention, completion, and employment rates. These programs may include partnerships with both high schools, other universities, and employers; evidence-based remedial courses; academic and career advising services; and investing in wages, benefits, and professional development and benefits to recruit and retain faculty, including teacher residencies. Additionally, Biden will incentivize states, private, and philanthropic dollars to invest in these programs, while ensuring schools that do not receive matches increase their competitiveness.
Expand career pathways for graduates of HBCUs, TCUs, and MSIs in areas that meet national priorities, including building a diverse pipeline of public school teachers. Biden will invest $5 billion in graduate programs in teaching, health care, and STEM and will develop robust internship and career pipelines at major research agencies, including Department of Energy National Laboratories, National Institutes of Health, National Science Foundation, and the Department of Defense.
Triple and make permanent the capacity-building and student support for HBCUs, TCUs, and MSIs in Title III and Title V of the Higher Education Act. These funds serve as a lifeline to under-resourced HBCUs, TCUs, and MSIs year over year, ensuring that the most vulnerable students have the support they need to succeed. The Biden Administration will increase Title III and Title V funding to provide a dedicated revenue stream of $7.5 billion over the first ten years.
Reduce disparities in funding for HBCUs, TCUs, and MSIs. Biden will require federal agencies and states to publish reports of their allocation of federal funding to colleges and universities. When inequities exist between HBCUs, TCUs, and MSIs and similar non-HBCU, TCU, MSI colleges, federal agencies and states will be required to publish robust rationale and show improvements in eliminating disparities year-over-year. To ensure funding is more equitably distributed among HBCUs, TCUs, and MSIs, the Biden Administration will require that competitive grant programs make similar universities compete against each other, for example, ensuring that HBCUs only compete against HBCUs. And, President Biden will require higher education accreditors to provide increased transparency in their processes.
Provide two years of community college or other high-quality training program without debt for any person looking to learn and improve their skills, especially to connect these individuals with the millions of job opportunities created by the historic investments in Biden’s Build Back Better Plan. 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. Individuals will also be able to use these funds to pursue training programs that have a track record of participants completing their programs and securing good jobs. This initiative will be available for recent high school graduates and adults who never had the chance to pursue additional education beyond high school or who need to learn new skills.
Tackle the barriers that prevent students from completing their community college degree or training credential. There are too many Americans who don’t complete their education or training programs not because of a lack of will, but because of other responsibilities they are juggling, such as a job to pay their bills or caring for children. The Biden Administration’s community college initiative will be a first-dollar program, meaning that students will be able to use their Pell grants, state aid, and other aid to help them cover expenses beyond tuition and fees. In addition, Biden will give states financial incentives to foster collaboration between community colleges and community-based organizations to provide wraparound support services for students. Wraparound support services can range from public benefits and additional financial aid to cover textbook and transportation costs that often keep students from staying enrolled, to child care and mental health services, faculty mentoring, tutoring, and peer support groups.
Make a $50 billion investment in workforce training, including community-college business partnerships and apprenticeships. These funds will create and support partnerships between community colleges, businesses, unions, state, local, and tribal governments, universities, and high schools to identify in-demand knowledge and skills in a community and develop or modernize training programs – which could be as short as a few months or as long as two years – that lead to a relevant, high-demand industry-recognized credential. These funds will also exponentially increase the number of apprenticeships in this country through strengthening the Registered Apprenticeship Program and partnering with unions who oversee some of the best apprenticeship programs throughout our nation, not watering down the quality of the apprenticeship system like President Trump is doing. Biden will also make investments in pre-apprenticeship programs so that people of color have additional pathways into high-paying, union jobs in everything from designing to building infrastructure to manufacturing to technology to health. And he will closely monitor programs that receive funding and track participants’ completion rates and employment outcomes to ensure that all Americans, regardless of background, share the benefits of this historic investment.
Help develop pathways for diverse workers to access training and career opportunities. A study of Labor Department-funded individual career services — which included assistance looking for a job, help developing career plans, and one-on-one career coaching — found that earnings for workers who were provided these services increased 7 to 20%. Biden will ensure these services are universally available to all workers and people entering the workforce who need them. And, he will increase funding for community-based and proven organizations that help women and people of color access high-quality training and job opportunities.
Require publicly traded companies to disclose data on the racial and gender composition of their corporate boards. Corporate boards suffer from a widespread dearth of diversity, with just 21 percent of S&P 500 board seats going to people of color and only 27 percent going to women. As President, Biden will require that public companies disclose in their annual reports the racial and gender composition of the boards to better aid shareholders and advocates in their call for a diverse and inclusive management structure.
BOOST RETIREMENT SECURITY AND FINANCIAL WEALTH
Black and Brown families – and especially Black and Brown women — face disadvantages at every turn, from access to workplace retirement accounts to access to generational wealth. These disadvantages have resulted in large and persistent gaps in financial wealth. To help Black and Brown people have more opportunities to build up a nest egg, Biden will:
Equalize the tax benefits of defined contribution plans: The current tax benefits for retirement savings are based on the concept of deferral, whereby savers get to exclude their retirement contributions from tax, see their savings grow tax free, and then pay taxes when they withdraw money from their account. This system provides upper-income families with a much stronger tax break for saving and a limited benefit for middle-class and other workers with lower earnings. Biden will equalize benefits across the income scale, so that low- and middle-income workers will also get a tax break when they put money away for retirement.
Give small businesses a tax break for starting a retirement plan and giving workers the chance to save at work. As proposed by the Obama-Biden Administration, the Biden plan will call for widespread adoption of workplace savings plans and offer tax credits to small businesses to offset much of the costs. Under Biden’s plan, almost all workers without a pension or 401(k)-type plan will have access to an “automatic 401(k),” which provides the opportunity to easily save for retirement at work – putting millions of middle-class families on the path to a secure retirement.
Open the door for Asset Managers owned by Black and Brown people. Reviews of the performance of asset management firms owned by Black and Brown people are consistently equal to or better than “blue chip” asset management firms, yet government-led investment pools consistently fail to utilize them. As President, Biden will ensure that federal government-led investment pools, including pension funds and endowments, allocate their assets in a manner that reflects the diversity of the country, including to asset management firms owned by Black and Brown people. And Biden will require sales of any government assets to include participation of firms owned by Black and Brown people.
ENSURE WORKERS OF COLOR ARE COMPENSATED FAIRLY AND TREATED WITH DIGNITY
Workers of color still earn a fraction of white workers and are less likely to have essential benefits like health coverage and paid leave. In fact, the black-white wage gap persists across every level of education and is widening. And wage gaps are exacerbated for women of color with Native Hawaiian and Pacific Islander women earning 68 cents, Black women earning 62 cents, Native women earning 57 cents, and Latinas earning 54 cents for every dollar a white man earns, adds up, on average, to roughly $1 million over a lifetime career, especially detrimental for the nearly 70% of Black mothers who are the sole or primary breadwinners for their family. Biden’s plan to build back better requires rooting out discrimination in the workplace so people can earn what they deserve, support their families, and build wealth.
Ensure workers of color are paid fairly.
End pay discrimination. Biden will continue to prioritize closing wage gaps and ending paycheck discrimination. He strongly supports Senator Patty Murray and Congresswoman DeLauro’s Paycheck Fairness Act, which codifies and expands critical Obama-Biden protections for workers’ paychecks. He will also take action to strengthen the ability of employees to challenge discriminatory pay practices and hold employers accountable.
Increase the federal minimum wage to $15 across the country and eliminate the minimum tipped wage, disproportionately benefitting people of color who make up the majority of workers earning under $15 an hour. He will also support small businesses like restaurants during this economic crisis, helping them get back on their feet so they can keep their doors open and pay their workers.
Stop employers from denying workers overtime pay they’ve earned. The Obama-Biden Administration fought to extend overtime pay to over 4 million workers and protect nearly 9 million from losing it. The Trump Administration reversed this progress, implementing a new rule that leaves millions of workers behind — including 3 million workers of color. Since Trump walked away from protecting these workers who are fighting for a place in the middle class, they have lost over $3.2 billion in foregone overtime wages. As President, Biden will ensure workers are paid fairly for the long hours they work and get the overtime pay they deserve. And, he will ensure that domestic workers and farm workers receive overtime protections.
Address discrimination and harassment in the workplace. Tens of millions of workers, most of whom are women of color, report being sexually harassed at work. This harassment often leads to devastating consequences, including mental health problems and fewer opportunities for career advancement. While harassment is illegal, there are too many barriers for people to seek justice. For example, 60 million workers – including over half of African American and Latino workers – have been forced to sign contracts waiving their rights to sue their employer and over one-third of the workforce is bound by nondisclosure agreements that stop workers from speaking out about harassment and discrimination. As President, Biden will make systemic changes to address sexual harassment and other discrimination so workplaces are safe and fair for all. He will advocate for and sign into law the Bringing an End to Harassment by Enhancing Accountability and Rejecting Discrimination in the Workplace (BE HEARD) Act.
Guarantee up to 12 weeks paid family and medical leave for all workers andup to seven days of paid sick, family, and safe leave and require employers to permanently provide. Workers of color disproportionately lack access to paid leave of any kind, including nearly half of Latino workers and more than one third of Black workers. Biden will create a national paid family and medical leave program to give all workers up to 12 weeks of paid leave, based on the FAMILY Act. He will also make paid sick leave permanent with the type of sick leave called for in Senator Murray and Congresswoman DeLauro’s Healthy Families Act. Biden will also make sure small businesses get the support they need to survive the crisis, keep their workers employed, and come out the other side stronger
Make it easier for workers of all color and all workers to organize unions and bargain collectively. Unions are an essential path to the middle class, and especially for workers of color. The wealth of union workers of color is nearly 5 times greater than their non union counterparts. Unions help close income and benefit disparities. For example, Black union members earn over 16% more than their non-union counterparts and are more likely to have employer-provided benefits like health care and retirement. As we build back better, Biden will make it easier for workers to organize unions and collectively bargain. He will include in the economic recovery legislation he sends to Congress a series of policies to build worker power to raise wages and secure stronger benefits. This legislation will make it easier for workers to organize a union and bargain collectively with their employers by including the Protecting the Right to Organize (PRO) Act, card check, union and bargaining rights for public service workers, and a broad definition of “employee” and tough enforcement to end the misclassification of workers as independent contractors. It will also go further than the PRO Act by holding company executives personally liable when they interfere with organizing efforts. And, he’ll restore the ability of federal workers to unionize and collectively bargain. Read Biden’s full plan to encourage unionization and collective bargaining at joebiden.com/empowerworkers.
INVEST IN INFRASTRUCTURE IN BLACK AND BROWN COMMUNITIES
We are the world’s richest nation, but for far too long Black, Latino, AAPI, and Native American communities have been left behind. By making real and sustained investments into Black and Brown communities, we will create an environment where businesses and investments will multiply in size and strength. In Black and Brown communities the federal government will provide state, tribal, and local governments with resources to:
Ensure all public infrastructure is fully accessible and integrated.
Biden’s Build Back Better plan includes a national effort to create the jobs we need to build a modern, sustainable, accessible, infrastructure now and deliver an equitable clean energy future. He will make a $2 trillion accelerated investment, with a plan to deploy those resources over his first term, toward that end.
A major focus of this investment will be to upgrade the infrastructure and job opportunities in Black and Brown communities. Specifically, Biden will:
Set a goal that disadvantaged communities receive 40% of overall benefits of spending in the areas of clean energy and energy efficiency deployment; clean, accessible transit and transportation; affordable and sustainable housing; training and workforce development; remediation and reduction of legacy pollution; and development of critical clean water infrastructure. In addition, Biden will directly fund historic investments across federal agencies aimed at eliminating legacy pollution — especially in Black and Brown communities, rural and urban low-income communities, and tribal communities — and addressing common challenges faced by disadvantaged communities, such as funds for replacing and remediating lead service lines and lead paint in households, child care centers, and schools in order to ensure all communities have access to safe drinking water and wastewater infrastructure. These investments will create good-paying jobs in frontline and fenceline communities.
Ensure the jobs building roads and bridges and schools and overhauling water systems and electricity grids are filled by diverse, local, well-trained workers – including Black and Brown people – by requiring federally funded projects to meet high labor standards, including paying prevailing wage, prioritizing Project Labor and Community Workforce Agreements, and employing workers trained in registered apprenticeship programs. Biden will make investments in pre-apprenticeship programs and in community-based and proven organizations that help Black and Brown people access high-quality training and job opportunities. Biden’s proposal will make sure national infrastructure and clean energy investments create millions of middle-class jobs that develop a diverse and local workforce with a choice to join a union, strengthening communities as we rebuild our physical infrastructure.
Revolutionize municipal transit networks. Biden will aim to provide all Americans in municipalities of more than 100,000 people with quality, accessible public transportation by 2030. He will allocate flexible federal investments with strong labor protections to help cities and towns install light rail networks and improve existing transit and bus lines.
Ensure clean, safe drinking water and water infrastructure is a right in all communities – rural to urban to tribal lands, rich and poor. From lead contamination in places like Flint, Michigan to the lack of potable water which contributes to the spread COVID-19 on the Navajo Reservation, too many communities face public health crises because of lack of basic water infrastructure. Biden will invest in the repair of water pipelines and sewer systems, replacement of lead service pipes, upgrade of treatment plants, and integration of efficiency and water quality monitoring technologies. This includes protecting our watersheds and clean water infrastructure from man-made and natural disasters by conserving and restoring wetlands and developing green infrastructure and natural solutions. And, he will work to ensure adequate, resilient water infrastructure in Black and Brown communities everywhere, especially Indian Country. African American and Latino households are nearly twice as likely as white households to lack sufficient plumbing, and Native American households are 19 times more likely. In Indian Country, this also means ensuring tribes have water rights needed to develop the infrastructure necessary to serve homes, businesses, and agricultural needs. The Obama-Biden Administration settled twelve important water rights settlements, more than any other Administration in history. These settlements supported $3 billion of investment in Indian Country, for building important infrastructure for clean drinking water and agricultural needs, protecting tribal fisheries and culturally important areas, and furthering economic development initiatives. Biden will restore strong federal support for Indian water rights settlements and coordinate the actions of all relevant federal agencies to use their programs, authorities, and resources to support Tribal water needs and economic development activities.
Expand broadband, or wireless broadband via 5G, to every American – recognizing that millions of households without access to broadband are locked out of an economy that is increasingly reliant on virtual collaboration. Communities without access cannot leverage the next generation of “smart” infrastructure. As the COVID-19 crisis has made clear, Americans everywhere need universal, reliable, affordable, and high-speed internet to do their jobs, participate equally in remote school learning and stay connected. This digital divide needs to be closed everywhere, from lower-income urban schools to rural America, to many older Americans as well as those living on tribal lands. Just like rural electrification several generations ago, universal broadband is long overdue and critical to broadly shared economic success.
Launch a major national effort to modernize our nation’s schools and early learning facilities. Each year the U.S. underfunds school infrastructure by $46 billion, resulting in schools that are outdated, unsafe, unfit, and – in some cases – making kids and educators sick. And over half of Americans, and especially Black and Brown people, live in child care deserts, with limited to no access to licensed child care. In line with the Rebuild America’s Schools Act, backed by the House Education Committee, Biden will invest $100 billion in improving public school buildings and ensure its top funding priority is modernizing schools in the most economically underserved communities in our nation — all too often in Black and Brown communities. He will also ensure parents no longer search in vain for a suitable child care option by creating a new child care construction tax credit to encourage businesses to build child care facilities at places of work and making direct investments in building new child care facilities and upgrading existing facilities around the country.
Clean up and redeveloping abandoned and underused Brownfield properties, old power plants and industrial facilities, landfills, abandoned mines, and other idle community assets that will be transformed into new economic hubs for communities all across America.
Revitalize communities in every corner of the country so that no one is left behind or cut off from economic opportunities. Biden’s plan will ensure that our infrastructure investments work to address disparities – often along lines of race and class – in access to clean air, clean water, reliable and sustainable, accessible transportation, connectivity to high-speed internet, and access to jobs and educational opportunities. This includes ensuring tribes receive the resources and support they need to invest in roads, clean water, wastewater, broadband, and other essential infrastructure needs. It also means funding investments in local and regional strategies to prevent a lack of accessible transportation options in urban, rural, and high-poverty areas from cutting off after-school opportunities for young people and job opportunities for workers seeking better jobs and more economic security for their families.
Take land into trust for Indian tribes. One of the most important roles the federal government plays in rebuilding the nation-to-nation relationship is taking land into trust on behalf of tribes. It is critical for tribal sovereignty and self-determination, allows for economic development, and helps support the well-being of tribal citizens, while also preserving tribal histories and culture for future generations. It helps to right the wrongs of past policy, including the dispossession by the U.S. government of 90 million acres of tribal land, nearly two-thirds of all tribal land. The Obama-Biden Administration recognized this vital responsibility and took more than half a million acres of land into trust for tribes — including land that the Trump Administration tried to take away from the Mashpee Wampanoag tribe. As President, Biden will uphold trust and treaty responsibilities and continue to take land into trust for Indian tribes, helping tribes spur economic development.
Biden believes in redemption. For people who are convicted of a crime, after they serve their sentence, they should have the opportunity to fully reintegrate into society, earn a good living, and participate in our democracy. It will not only benefit them, it will benefit all of society. It is also our best strategy to reduce recidivism.
The collateral consequences for a criminal record are vast. The National Institute of Justice found that there are more than 44,000 collateral consequences nationwide, including employment restrictions, loss of voting rights, denial of housing or even renting an apartment and educational loan restrictions to name a few.
Smart Data Infrastructure to Support Second Chances
Most states already have a process for people who want to shield their criminal record from public view — expungement and sealing. But getting a person’s record expunged or sealed is complicated and requires paperwork, time, and sometimes the support of legal counsel.
As President, Biden will advance a pathway for redemption and re-entry – and make real the possibility of second chances for all Americans – by helping states modernize their criminal justice data infrastructure and adopt automated record sealing for selected categories of non-violent offenses, to modernize their criminal justice data infrastructure. This data infrastructure will facilitate sealing of records in a manner that is precise, complete and efficient – so those records are not used to deny people jobs, housing, voting rights, school loans and other opportunities to rebuild their lives.
The grants Biden is proposing will support state efforts to research, plan for, and ultimately implement the criminal record data infrastructure improvements that will make automated record relief possible. Beyond that, the infrastructure improvements will yield a general improvement in the operation and efficiency of state records.
In addition, to invest in second chances and smart criminal justice reforms that will improve public safety, Biden will:
Set a national goal of ensuring 100% of formerly incarcerated individuals have housing upon reentry – at the federal and state level. He’ll start by directing the U.S. Department of Housing and Urban Development to only contract with entities that are open to housing individuals looking for a second chance. And, he’ll expand funding for transitional housing, which has been drastically cut under the Trump Administration.
Expand access to mental health and substance use disorder treatment, as well as educational opportunities and job training for individuals during and after incarceration. The Biden Administration will expand the use of drug courts and other diversion programs. The Biden Administration will also expand funding for all of these programs and services, during and after incarceration.
Eliminate existing barriers preventing formerly incarcerated individuals from fully participating in society. For example, Biden will eliminate barriers keeping formerly incarcerated individuals from accessing public assistance such as SNAP, Pell grants, and housing support. He will streamline the process for giving individuals on probation or parole for non-violent offenses access to the Job Corps. The Biden Administration will incentivize states to automatically restore voting rights for individuals convicted of felonies once they have served their sentences. And, the Biden Administration will expand on the Obama-Biden Administration’s “ban the box” policy by encouraging further adoption of these policies at the state and local level. This effort will not include any automatic restoration of firearms rights.
Eliminate cash bail. Cash bail is the modern-day debtors’ prison. The cash bail system incarcerates people based on their inability to pay–sometimes small amounts. And, it disproportionately harms Black and Brown people. Biden will lead a national effort to end cash bail and reform our pretrial system by putting in place a system that is fair and does not inject further discrimination or bias into the process. As President, Biden will establish a technical assistance program to help state and local jurisdictions transition to a fair, equitable and effective pretrial system that does not rely on cash bail. This project will be modeled after the Obama-Biden smart suite of programs, which used technical assistance and funding to drive targeted improvements in corrections, probation, and policing. The project will similarly allow state and local Justice Assistance Grant (JAG) recipients to access Bureau of Justice Assitance’s (BJA) bank of subject-matter experts if they agree to dedicate a portion of their existing JAG funds to work on BJA-approved initiatives that transition pre-trial systems away from a reliance on cash-bail and to evidence-informed systems that use risk of flight and/or danger to determine whether defendants should be held in pre-trial detention.
STRENGTHEN THE FEDERAL RESERVE’S FOCUS ON RACIAL ECONOMIC GAPS
The Federal Reserve (the Fed) plays a highly influential role in determining the overall unemployment rate, as well as that of Black and Brown people. Within its existing mandate of promoting maximum employment and stable prices, the Fed should aggressively enhance its surveillance and targeting of persistent racial gaps in jobs, wages, and wealth. Biden will work with Congress to amend the Federal Reserve Act to require the Fed to regularly report on current data and trends in racial economic gaps — and what actions the Fed is taking through its monetary and regulatory policies to close these gaps. Access to affordable financial services is another first-order barrier to wealth building for many American families. Biden supports the Fed committing to a “real-time” payment system, a change the central bank has the authority to implement. With this system in place, instead of waiting days for checks to clear, low-income people will have instant access to money they are owed, ending an existing, costly burden to cash-constrained families.
The Fed should also revise its hiring and employment practices to achieve greater diversity at all levels of the institution — including at the leadership of the Board of Governors and the regional Federal Reserve Banks.
PRIORITIZE RACIAL EQUITY ACROSS THE FEDERAL GOVERNMENT
Apply the principles of Congressman Jim Clyburn’s 10-20-30 plan to ensure that federal dollars go to high-poverty areas that have long suffered disinvestment. To tackle persistent poverty in all communities, in both urban and rural America, Biden supports applying Congressman Clyburn’s 10-20-30 formula to all federal programs, targeting funds to census tracts with persistent poverty.
Promote diverse leadership for all federal agencies. The leaders of federal agencies make decisions that have a direct impact on the nature of our entire economic system. At present the leadership of those agencies do not reflect the diversity of our country. As President, Biden will promote diverse leadership in the financial regulatory agencies including the FTC, CFTC, SEC, OCC, and FDIC; work with all branches of government including the Senate and Supreme Court, to create best practices and standards for ensuring racial diversity among clerks, staffers and interns; and create a new post within the White House’s Council of Economic Advisers to focus on racial equity including the income and wealth gaps. And, recognizing the special importance of appointing Native Americans to play critical roles in upholding the government-to-government relationship, he will build on the Obama-Biden Administration to ensure tribal nations have a strong voice and role in the federal government.
Eliminate language barriers for Asian American and Pacific Islander (AAPI) communities. Language barriers to vital services and resources can prevent AAPI’s with limited English proficiency from realizing their potential and the American Dream. Biden will build on the work of the Obama-Biden Administration, which ensured that members of the AAPI community who were limited English proficient had access to health care and other government services. For example, the administration produced outreach videos in Chinese, Korean, Vietnamese, Burmese, Hmong, Khmer, and Lao to ensure that members of those communities were able to take advantage of the Affordable Care Act’s benefits and coverage. Biden will direct his agencies to identify ways to increase access to federal programs for AAPI individuals and families, including those who have limited English proficiency. He will also create neighborhood resource centers or welcome centers to help all residents find jobs; access services and English-language learning opportunities; and navigate the school system, health care system, and other important facets of daily life. And, he will ensure that all public schools have sufficient English-language learning support to help all children reach their potential.
Disaggregate data about the Asian American and Pacific Islander community to achieve equal representation. The Asian American and Pacific Islander community is one which includes people of East Asia, South Asia, Southeast Asia, the Philippines, and the Pacific Islands. Typically, when data is aggregated about this community it combines this wide swath of people into a single category – perpetuating the “model minority” myth by unwittingly masking specific challenges that segments of the AAPI population face. Data disaggregation is a strategy to collect information about the subgroups that make up a larger group, to surface issues when trying to understand the challenges that these communities face and identify solutions that are focused on closing disparity gaps. The Obama-Biden Administration released best practices for the disaggregation of federal data on AAPIs. Biden will build on this work and ensure that his administration recognizes and serves the myriad of challenges facing diverse AAPI communities.
Empower the Equal Employment Opportunity Commission to fulfill its mission and address workplace discrimination. A 2017 survey found that 1 in 3 Latinos, 1 in 4 Asian Americans, 1 in 3 Native Americans, and more than half of African Americans had experienced racial discrimination in the workplace. Under a Biden Administration, the Equal Employment Opportunity Commission (EEOC) will be fully empowered to address discrimination in the workplace and help close the harmful and unjust gaps in wages and employment opportunities. To strengthen the EEOC, Biden will double funding for the agency, empower the EEOC to initiate investigations for all areas of discrimination under its purview, and continue the the Obama Administration effort–halted by President Trump–to expand the agency’s information collection efforts to include data on earnings gaps by race and gender.
INVEST IN A 21ST CENTURY CARE INFRASTRUCTURE
Biden believes that if we truly want to reward work in this country, we have to ease the financial burden of care that families are carrying, and we have to elevate the compensation, benefits, training and education opportunities for certification, and dignity of caregiving workers and educators.
He will make substantial investments in the infrastructure of care in our country — to make child care more affordable and accessible for working families, and to make it easier for aging relatives and loved ones with disabilities to have quality, affordable home- or community-based care. And, he is proposing to give caregiving workers and early childhood educators a raise and stronger benefits, treating them as the professionals they are. Caregivers and early childhood educators — disproportionately Black and Brown women — have been underpaid, unseen, and undervalued for far too long. Biden will:
Expand access to a broad array of long-term services and supports in local settings, including through closing the gaps in Medicaid for home- and community-based services and establishing a state innovation fund for creative, cost effective direct care services.
Ensure access to high-quality, affordable child care and offer universal preschool to three-and four-year olds through greater investment, expanded tax credits, and sliding-scale subsidies.
Build safe, energy-efficient, developmentally appropriate child care facilities, including in workplaces, so that parents and guardians never again have to search in vain for a suitable child care option.
Treat caregivers and early childhood educators with respect and dignity, and give them the pay and benefits they deserve, training and career ladders to higher-paying jobs, the choice to join a union and bargain collectively, and other fundamental work-related rights and protections.
ADDRESS LONGSTANDING INEQUITIES IN AGRICULTURE
Black, Brown and Native farmers have long faced barriers to growing their agricultural businesses, including unfair prices, unequal access to government support, retaliation for civil rights complaints, and outright injustice. For more than 100 years the United States Department of Agriculture (USDA) did little to alleviate the burdens of systemic inequality for Black, Brown and Native farmers and was often the site of injustice. Over two decades ago, class action litigation was filed alleging longstanding discrimination against Black, Latino, Native, and women farmers. The cases dragged on for many years without relief for the complaints and impacted farmers struggled to regain the footing they lost before and during the litigation.
A profound shift occurred for Black, Brown and Native farmers under the Obama-Biden administration during which the USDA oversaw the conclusion of what became the largest civil rights settlement in US history, bringing a painful chapter to a close. The settlements in these cases marked the beginning of a renewed commitment to supporting diversity, equity, and an internal reckoning for the USDA. Under Obama-Biden, the USDA sought to address both the structural and cultural causes of systemic inequality that had in prior generations been reproduced by the policies and practices of the agency.
Despite the groundbreaking steps to address inequality that were taken under Obama-Biden, the practices and values of the USDA slid backwards under the authority of the Trump administration — which ceased many agency-wide efforts to level the playing field.
As President, Biden will build upon the historic progress made during the Obama-Biden administration, taking additional steps to support the rights of Black, Brown and Native farmers by:
Establish an Equity Commission. This equity commission will focus on the unique jurisdictional and regulatory barriers that Black, Brown, and Native farmers, ranchers, and fishers must negotiate and make sure that processes are streamlined and simplified to promote new and beginning farming and ranching operations by Black and Brown farmers. As President, Biden will direct his Department of Agriculture to review the Department’s programs – including in conservation, value-added agriculture support, finding new markets, data analysis, fisheries support, climate smart production, risk management, research and delivery of knowledge — and design a plan to ensure they are geared to farmers, ranchers, and fishers who are as different and varied as the landscape of the country.
Farm Land Purchase Assistance Program. As President, Biden will advance a comprehensive effort to assist in both the purchase of farmland and the ability of Black, Brown, and Native farmers to keep that land. This includes credit and technical support in the form of expedited credit, low-interest loans, and technical assistance. In addition, Biden recognizes the disadvantage that Black, Brown, and Native farmers face when they are forced to compete with other farmers who have decades of privileged access to federal assistance. As President, he will explore the use of land trusts, cooperative farm operations, and farm credit systems geared towards Black, Brown and, Native farmers as a means to support this population and diversify our agricultural sector.
Protect Heirs Property. For over a century, Black, Brown, and Native farmers faced exploitation in policy and practice in a matter that limited their ability to retain a rightful claim to inherited property and to access federal programs. Building on recent Congressional bills and model legislation at the state level, Biden will implement guidelines and regulations that preserve heirs’ ownership of family farms and ensure that these landowners have equal access to federal credit and agricultural programs.
Establish a Farmland Trust. This trust will support new farmers from underrepresented low-income communities to find, purchase, and succeed on farmland. The Trust will also help connect these farms to marginalized communities locally and in urban or rural areas in an effort to develop and maintain a more diverse supply chain that provides entry points for aspiring entrepreneurs in the food production industry.
Advance Community Supported Agriculture (CSA). As President, Biden will support and advance local production for farmers’ markets. He will work to maximize the use of unused land and to connect potential farmers with those landowners. Together farmers and landowners will pool acres into manageable units.
Advance fairness, accountability, and transparency at the United States Department of Agriculture As President, Biden will appoint officials at every level of the USDA who have a demonstrated commitment to supporting Black, Brown and Native farmers. Biden will also eliminate the USDA’s backlog of civil rights complaints, streamline and expedite the complaints process, permit appeals, and reinstate a foreclosure moratorium for those whose complaints remain unsettled. Biden will direct the USDA to fully enforce whistleblower protections and investigate reports of retaliation and interference from the Office of General Counsel. In addition, Biden will demand transparency and oversight in all aspects of USDA’s operations. Further, Biden will call on the agency’s Economic Research Service to include farmworkers and farmers of color more prominently in their research.
Expanding protections for farm workers. Farm workers – who are disproportionately Latino and immigrant workers – have always been essential to working our farms and feeding our country. As President, Biden will ensure farm workers are treated with the dignity and respect they deserve, regardless of immigration status. He will work with Congress to provide legal status based on prior agricultural work history, ensure they can earn paid sick time, and require that labor and safety rules, including overtime, humane living conditions, and protection from pesticide and heat exposure, are strictly enforced.
As Congress contemplates another round of COVID-19 relief, one massive part of the economy is consistently overlooked, yet has proved so vital in bolstering quality of life during this unprecedented public health emergency in which people must be distanced and isolated: the arts. Shutting down theaters, performance spaces, concerts, exhibitions, museums, galleries and cultural spaces has resulted in hundreds of thousands of people losing their jobs, their careers. Many of these institutions are non-profits, which routinely struggle for financial resources. Now, the industry has created Be An Arts Hero (beanartshero.com), to lobby for support using the same arguments as other industries that are getting more attention: hospitality, airlines, cruiselines, restaurants. This is a “Dear Senators” letter:
The $877 billion our industry generated last fiscal year is about to disappear. The 4.5% we added to our GDP—about to vaporize. We are second only to Retail as the most powerful economic driver of this economy, boasting an export of $72.6 billion and an annual growth rate of 4.16% , nearly double that of the U.S. economy as a whole at 2.2%. Without your immediate action for financial relief by August 1, we will collapse, and the result will be an economic cataclysm.
We are the Arts Economy. We are everywhere. And our fates are tied together.
We are over 675,000 small businesses and organizations in every town, city, and state, employing 5.1 million hard-working Americans who are now desperately struggling to stay above water. Our influence reaches across every sector because the Arts Economy is a jobs multiplier, creating millions of sustainable jobs in collateral arts-adjacent economies. In short, our institutions of Arts and Culture anchor communities, producing highly interdependent commercial ecosystems that depend on rank-and-file Arts Workers who increase tax revenue, real estate value, and attract businesses, large and small. These are the dominoes. If you lose us, we lose the economy. We need your help.
We are Florida’s largest job creator at 260,999 jobs, bringing in $36,937,050,840 (3.7%) to Florida’s state revenue. America’s favorite theme park which was built by union carpenters and construction workers, now runs on the working-class labor of the administrative staff who operate the day-to-day; the engineers who make it move; the electricians who keep it bright; the painters and pyro-technicians who explode it with color; the custodians who keep it clean; and the actors, dancers, and musicians who bring it to life. We need your help.
We are New York City’s main economic driver: in 2019, Broadway sold more tickets than all the NY and NJ sports teams combined, creating a revenue of $1.83 Billion in ticket sales, generating even more in Arts-adjacent businesses. On any night out, our audiences take public transportation, taxis, and Ubers/Lyfts; pay for childcare; go shopping; and by record numbers, they go to restaurants which employ kitchen staff, waiters, and bussers who rely on food delivery trucks whose companies purchase goods from farmers, who are now mass killing their livestock and burning their crops because their industry is crashing. We need your help.
We account for $30.3 billion (3.7% of GSP) of the Illinois economy and contribute over 224,000 jobs. In Chicago, alone, that’s $2.25 billion in economic activity annually. If we go missing, the economic implosion in our neighborhoods, in our cities, and in our state will take decades to rebuild.
We are a $1 billion economy in Wyoming, $2.9 billion in Nebraska, $4.2 billion in Iowa, $7 billion in Utah, $8.3 billion in Indiana, $9 billion in Arizona, $10 billion in Missouri, $15 billion in North Carolina, $19 billion in Ohio, $24 billion in Georgia, $44 billion in Washington, $46 billion in Texas, and $230 billion in California. We are Big Business because we are Local Business, creating and sustaining jobs across trades, not to mention the Artists themselves.
Artists, whose creativity has elevated our best moments and now sustain us through one of our worst. Artists, who require your signature as a byline to one of the most consequential stories of your tenure; the story where you:
1. Extend Federal Pandemic Unemployment Compensation (FPUC) by August 1, before 28 million of your constituents are evicted and on the streets.
2. Create a 100% subsidy for COBRA to protect workers’ healthcare, with eligibility extended to 36 months.
3. Provide $43.85 billion in economic relief to sustain our Arts and Culture institutions: this relief should go directly to the NEA, NEH, IMLS, and CPB, to be appropriated to its partner organizations across the towns, cities, suburbs, exurbs, and rural areas in which they operate. This $43.85 billion is 5% of our generated revenue for 2019, which is proportionate to the $50 billion you gave to the top ten airlines who successfully lobbied for your assistance. We ask for nothing more than immediate and proportionate economic relief.
The cost of this relief and FPUC’s extension of $85/day ($600 extra dollars a week) will pale compared to your inaction, which is estimated to cost trillions and will devastate working people. Families and individuals who depend on our colossal Arts Economy are struggling to pay rent and put food on the table as they face anxiety over whether they can make it past August 1. Our very humanity—and the Humanities—teeter at the edge of a fiscal and existential cliff. If we fall, so does the identity of America itself, for we are the very expression of this nation. And right now, we are crying out for your action.
Dear Senators, you are at your finest when you come together to hear the collective call of your people, one people, without prejudice to partisanship or politic, and with a heart full of love for all whom you represent. We are not only calling on you to represent us, we are calling on you to represent this moment. We are calling on you to represent our future. We are calling on you to represent the history that you are about to make.
Dear Senators, now is your time. The nation is bearing witness. You hundred women and men stand at the center of America’s stage and we are calling upon you to act. You have the power to save your people and revitalize your country in its darkest hour. And we are desperate for Light. Dear Senators, the ink is still wet, you hold the pen, and the story of this nation is in your hands.
UNITED WE STAND,
Matthew-Lee Erlbach THE ARTS ECONOMY
Co-signatories of this letter include working-class Arts Workers in solidarity with the most preëminent Arts Leaders and Institutions of the United States.
Vice President Joe Biden, recognizing the nation faces yet another dire shortage of PPE as the coronavirus pandemic surges, is proposing a plan to rebuild US supply chains so the nation never faces future shortages of critical equipment (c) Karen Rubin/newssphotos-features.com.
In face of criminal lack of leadership by Trump in the midst of the worst public health crisis in a century and the worst economic condition since the Great Depression, Vice President Joe Biden, the presumptive Democratic nominee for president, is showing what a real leader would do. With the nation facing yet another dire shortage of PPE, Biden is offering his plan to rebuild US supply chains so that the nation never faces future shortages of critical equipment. This is from the Biden campaign—Karen Rubin/news-photos-features.com
FACT SHEET: The Biden Plan to Rebuild U.S. Supply Chains and Ensure the U.S. Does Not Face Future Shortages of Critical Equipment
Joe Biden will work to ensure that the U.S. does not face shortages of the critical products America needs in times of crisis and to protect our national security. To combat the COVID-19 pandemic, Biden will immediately marshal all of the tools of the Federal government to secure sufficient supplies, treatments, and, as soon as possible, a vaccine to combat the pandemic. At the same time, he will implement fundamental reforms that shift production of a range of critical products back to U.S. soil, creating new jobs and protecting U.S. supply chains against national security threats.
While medical supplies and equipment are our most pressing and urgent needs, U.S. supply chain risks are not limited to these items. The U.S. needs to close supply chain vulnerabilities across a range of critical products on which the U.S. is dangerously dependent on foreign suppliers. America needs a stronger, more resilient domestic supply chain in a number of areas, including energy and grid resilience technologies, semiconductors, key electronics and related technologies, telecommunications infrastructure, and key raw materials.
The critical supplies America needs today may be different from the critical supplies needed in the future as technologies and markets evolve. That’s why Biden will institute an ongoing, comprehensive government-wide process to monitor supply chain vulnerabilities, designate vitals products where the U.S. needs to address supply chain vulnerabilities, and immediately close identified gaps. He will work collaboratively with the private sector to improve productivity and avoid unnecessary costs and bureaucracy.
The goal here is not pure self-sufficiency, but broad-based resilience. Biden’s plan will strive to ensure that America doesn’t face a shortage of vital goods — to deal with any future crisis or fundamental national need — through a combination of increased domestic production, strategic stockpiles sized to meet our needs, cracking down on anti-competitive practices that threaten supply chains, implementing smart plans to surge capacity in a time of crisis, and working closely with allies.
He will initiate this process with a 100-day review immediately upon taking office to identify critical national security risks across America’s international supply chains and will ask Congress to enact a mandatory quadrennial Critical Supply Chain Review to institute this process permanently.
As President, Joe Biden will:
Use the full power of the federal government to rebuild U.S. domestic manufacturing capacity of our supply chains for critical products.
Implement a comprehensive approach to ensure the U.S. has the critical supplies it needs for future crises and its national security
Work with allies to protect their supply chains and to open new markets to U.S. exports.
Use the full power of the Federal Government to rebuild domestic manufacturing capacity in our critical supply chains
Joe Biden will soon release a comprehensive strategy to create American jobs through modern American manufacturing. Today, he is announcing a set of targeted proposals to ensure the United States has the domestic manufacturing capacity necessary for critical supply chains. He will:
Use the Defense Production Act (DPA) to put Americans to work manufacturing critical products, including those immediately needed to respond to the COVID-19 pandemic. The DPA grants the President broad authority to mobilize the domestic industrial base toward emergency preparedness. The Trump administration is still dragging its feet on using the DPA to produce urgently-needed supplies to combat the COVID-19 pandemic, and has fallen far short of the domestic mobilization we need. For example, months into the crisis we still face a shortage of N95 masks. By contrast, Biden will use the DPA to direct U.S. companies to ramp up production of critical products that will be needed over the near-term. He will also use the 100-day review process to determine the best way forward over the mid- and long-term.
As President, Biden will use the DPA to its fullest extent to rebuild domestic manufacturing capacity in critical supply chains, using the lessons learned from the COVID-19 pandemic and applying them to our national needs. Biden understands that improving the resilience of U.S. supply chains requires working closely with the American private sector. As part of this effort, he will pursue competitive public-private partnerships to encourage and invest in innovative manufacturing technology and capacity.
Use federal purchasing power to bolster domestic manufacturing capacity for designated critical products. In addition to using DPA authority to ensure the U.S. prioritizes emergency preparedness, Biden will direct the federal government’s purchasing power to support manufacturing capacity for products designated as critical to U.S. national security. The government has authority in the Procurement Act of 1949, which permits the president to establish “policies and directives” for federal procurement, and Joe Biden will use that authority to build up capabilities throughout the supply chain. Biden’s use of federal purchasing power to build U.S. manufacturing capacity for critical products will focus not only on where the final product sold to the U.S. government comes from, but at the supply chains of companies that receive large federal contracts. Biden will outline a bold and specific procurement agenda in the coming days.
Build long-term supply chain resilience for pharmaceuticals: The COVID-19 pandemic has highlighted the particular vulnerabilities the U.S. faces with its pharmaceutical and medical device supply chains. According to the FDA, more than 70% of active pharmaceutical ingredient (API) facilities that supply the U.S. market are located abroad, and U.S. pharmaceutical imports have been rising for years. A substantial amount of this production is happening in places with labor costs comparable to the U.S.
Meanwhile, medicines remain far more expensive in the U.S. than in many countries in part because drug makers fail to pass any saving on to consumers. Given the world-class productivity of American manufacturers combined with a robust set of measures to make medicines more affordable for families, such as allowing Medicare to negotiate lower drug costs, we should be able to increase American production and ensure the security of medical supply chains without raising prices for consumers. Moreover, Biden has offered a comprehensive healthcare plan that will reduce medical costs for millions of Americans while guaranteeing expanded healthcare coverage.
As President, Joe Biden will:
Use BARDA to spur medical production: Biden will use the Biomedical Advanced Research and Development Authority (BARDA), which has received billions of dollars to combat COVID-19, to ensure adequate production of vaccines and other medical countermeasures to address COVID-19. Biden will ensure that BARDA engages in science-based purchasing decisions and that it puts Americans to work rebuilding U.S. medical production capabilities by providing incentives for the production of vaccines and other medicines in the U.S. Biden is also prepared to use other federal authorities, including direct compulsory licensing of vaccines where companies are slow in producing them or are charging excessive prices, to rapidly scale up vaccine production as needed.
Leverage Federal health care purchases: Biden will work to ensure that the U.S. leverages the fact that it is the largest purchasers of health care–between Medicare, Medicaid, the Department of Veterans Affairs, and other health programs as well as Federal procurement more generally–to encourage pharmaceutical companies to make key drugs, drug inputs, and medical devices in the United States while ensuring fair and transparent pricing. He will require the FDA Commissioner, the Centers for Disease Control, and the Department of Defense to identify critical drugs and medical products and create a market for American manufacturing by directing federal agencies to purchase versions of these drugs that are made in the U.S. and that use U.S.-made source ingredients. Biden will take steps to ensure that these measures do not increase the out-of-pocket drug costs for Americans.
Ensure the U.S. tax code encourages on-shoring of pharmaceutical supply chains: Pharmaceutical offshoring has been heavily driven by tax code provisions that have encouraged companies to locate pharmaceutical production in low-tax countries even where those countries have labor and other costs comparable to the U.S. Biden will eliminate Trump Administration tax incentives for offshoring and pursue other tax code changes that will encourage pharmaceutical production in the U.S.
Implement a comprehensive approach to ensuring that the U.S. has the critical supplies it needs
Much as the Department of Defense periodically studies defense supply chains and pursues systematic policies to close vulnerabilities, Biden will launch a comprehensive review of U.S supply chain vulnerabilities and implement a national strategy to close them. He will sign a comprehensive Executive Order to inventory U.S. supply chain vulnerabilities, directing relevant agencies to identify the specific critical products where the U.S. faces national security supply chain vulnerabilities and to address these weaknesses immediately. And he will work with the Congress to pass a law making this process permanent as part of a quadrennial Critical Supply Chain Review that will include updating the list of critical products that will be the focus of supply chain security planning.
Biden will ensure that the U.S. has adequate stockpiles of critical supplies in place for future crises, manufactured by American workers in the United States to the greatest extent possible. Our country should not face shortages in the future like those we are facing today under Trump.
Increase federal stockpiles: Biden will increase U.S. strategic stockpiles of medical supplies and other critical goods while using federal procurement authorities to ensure that stockpiled products are made in the U.S. to the greatest extent possible, thereby creating an incentive for on-shoring production of those goods.
Require companies to develop plans to address potential supply chain disruptions for critical products. Biden will work with Congress and direct regulatory agencies to require companies that manufacture, distribute, and use designated critical products in the U.S. to regularly identify potential supply chain vulnerabilities and develop plans for addressing them. Where necessary to protect critical infrastructure and supplies, he will impose targeted restrictions on imports from nations such as China and Russia that pose national security threats.
Promote surge manufacturing capacity. Biden will work with Congress and the private sector to develop standing plans to enable surge manufacturing capacity in the United States for key critical products. This will include:
Compensating companies where necessary for maintaining excess production capacity and inventory for designated critical products;
Encouraging companies to create databases of product designs for supplies that might be needed during a national crisis;
Using legal authorities during crises to ensure product designs and patents can be licensed and utilized quickly if needed to ramp up production in the U.S.; and
Pursuing public-private partnerships to improve manufacturing capacity. The National Network for Manufacturing Innovation initiative (NNMI) put in place by the Obama-Biden administration, and now receiving bipartisan support, is one example of such a program.
Invest in a new Critical Supply Chains Workforce: Joe Biden knows that to make critical supplies in the U.S. over the long term, we need a skilled workforce that can produce them. Biden will create a new Critical Supply Chains Workforce Development Fund that will invest in the workforce skills needed to help bring back manufacturing of key supply chain products and components. He will partner with state, local, and tribal governments to maintain adequate base production capacity in every region of the country and to put in place executive functions that have clear chains of command. This will ensure that that in future times of crisis the U.S. will be able to quickly ramp up production, rather than the chaotic, belated, and largely failed efforts we have seen under the Trump Administration to secure badly needed medical gear, including personal protective equipment.
Create new incentives to spur domestic production of critical products in the United States: Biden will work with Congress, states, tribes, and localities to provide targeted investments and incentives for companies to manufacture designated critical products in the U.S. This will include new targeted financial incentives, including tax credits, investments, matching funds for state and local incentives, R&D support, and other incentives to encourage the production of designated critical materials such as semiconductors in the United States.
Work with allies to protect their supply chains and to open new markets to U.S. exports
Instead of insulting our allies and undermining American global leadership, Biden will engage with our closest partners so that together we can build stronger, more resilient supply chains and economies in the face of 21st century risks. Just like the United States itself, no U.S. ally should be dependent on critical supplies from countries like China and Russia. That means developing new approaches on supply chain security — both individually and collectively — and updating trade rules to ensure we have strong understandings with our allies on how to best ensure supply chain security for all of us. As president, Joe Biden will:
Take action against our competitors when they refuse to honor trade agreements: U.S. manufacturers rely on raw materials like cobalt, copper, graphite, and tin to make a range of products, but foreign governments sometimes take illegal steps to keep these materials away from U.S. companies. China, for example, has a history of levying a tax on raw material shipments to U.S. producers, while allowing its companies to receive the material at cost—putting U.S. companies at a steep disadvantage. Biden will hold our competitors accountable when it comes to trading in raw materials, giving our manufacturers the right to purchase critical materials at the same price as foreign companies.
Deploy trade policy tools and regulations to create new markets for U.S.-made critical products. Under Biden, the United States will not just have greater supply chain security itself; our new production capacity will also result in greater U.S. export capacity, creating new opportunities for U.S. workers and businesses while also helping more parts of the world reduce their own over-reliance on countries like China. This is a win-win for the U.S. and the world.
