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Beto O’rourke, presented to small business plan to address the racial wealth gap

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Former Rep. Beto O’rourke, D-Texas, unveiled another plan is aligned, the termination of racial inequality on Saturday, pledging that as President he would vastly expand the Federal government’s investment in women – and minority investments in companies.

The 2020 hopeful claims his plan would unlock “a half a trillion dollars in” means, and “trace the development of 200,000 new women and minority-owned small businesses.” It also redirect would be US $ 100 billion in Federal contracting in the direction of small, expand access to Mentoring opportunities, a public credit reporting Agency and work to expand certain facilities, access to markets and capital.

“Beto understands the special challenges facing small business owners – and that these challenges are increased only for entrepreneurs and people of color,” his campaign Website read.

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“Beto’s plan to inject capital and demand in America, the small businesses, confront institutional racism and the increase in the Federal investment in minority-and women-owned businesses enables small business owners to do what they do best: grow the economy and create jobs.”

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The announcement came as O’rourke spoke in the Black Economic Alliance presidential forum along with fellow 2020 candidate mayor Pete Buttigieg of South Bend, Ind., as well as Sens. Cory Booker, D-N. J., and Elizabeth Warren, D-Mass.

O’rourke, who has acknowledged in the past, what he called “a privilege,” he rejoiced as a straight, white man.

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He pointed to his right slammed, as he appeared on the cover of Vanity Fair earlier this year, a decision for which he expressed later regret. O’rourke, in may also announced the proposals developed, to the racial inequality in the classroom.

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O’rourke’s plan came as the democratic party has an internal debate about the extent of its focus on identity politics ahead of the 2020 presidential election. While presidential candidate Andrew Yang would previously cost said, the focus, the party is to win elections, Sen. Kamala Harris, D-Calif., and Georgia Democrat Stacey Abrams, both defended.

“I would argue that identity politics is exactly who we are, and it is exactly how we won,” Abrams said in may.

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