President Biden is set to unveil his grandiose plan to stymie “systemic racism” within the federal government, the price tag for this initiative? A cozy $100 billion in taxpayer dollars, money that could be better used to fund education or support jobs for poor black communities.
USA Today reported that the White House is issuing a whole new set of policies aimed at promoting “racial equity” within the federal government through a new “inter-agency effort.”
The goals include fighting housing discrimination and new directives meant to increase contracting with minority-owned small businesses by $100 billion.
The grant money piles on top of existing billions of taxpayer dollars, but this money is specifically earmarked for efforts to “address systemic racism.” Additionally there’s $10 billion in Biden’s bill to retrofit and improve public transport in minority regions, incentives for local regions to drop exclusionary zoning, and a new affordable housing tax credit.
Biden’s plan does not include any language or money targeted at “racial equity” in the economy at large, despite requests from high-profile progressives. The bill also doesn’t have anything to do with the George Floyd Justice in Policing Act, a separate initiative that the White House seems to have quietly let go. Current reports say that the Biden administration is seeking a more comprehensive compromise bill that can garner bi-partisan support.
Author: Sherman King