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Kamala Harris Appears To Propose New Race-Based Payments As Support From Black Men Lags

Vice President Kamala Harris unveiled a new proposal Monday all but promising to distribute forgivable small business loans on the basis of race as she struggles to gain the support of black men.

The Harris campaign rolled out its “Opportunity Agenda for Black Men,” which proposes to give one million $20,000 loans to black entrepreneurs and “others who have historically faced barriers to starting a new business or growing an existing business.” The policy is aligned with the Biden administration’s broad effort to prioritize or otherwise incorporate race into several major government programs and initiatives, such as its payments to black American farmers who faced discrimination before 2021 and its Justice40 agenda stipulating that 40% of the benefits of certain environmental spending and programs flow to “disadvantaged communities.”

“Drawing on insights from her experience throughout her career and her Economic Opportunity Tour, today Vice President Harris is laying out an Opportunity Agenda for Black Men to provide them with the tools to achieve financial freedom, lower costs to better provide for themselves and their families, and protect their rights,” the Harris campaign wrote in its new plan. “This pathbreaking agenda includes: Providing 1 million loans that are fully forgivable to Black entrepreneurs and others to start a business.”

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