Racial Wealth Gap: Joe Biden to Direct $100 Billion in Federal Contracts to ‘Disadvantaged’ Businesses

Racial Wealth Gap: Joe Biden to Direct 0 Billion in Federal Contracts to ‘Disadvantaged’ Businesses

A family reads the Black Wall Street Memorial during festivities of the 100 year anniversary of the 1921 Tulsa Massacre in Tulsa, Okla., May 29, 2021. (Lawrence Bryant/Reuters)

President Joe Biden intends to present a range of plans to shrink the Black-White wealth gap during his speech in Tulsa, Okla. Tuesday, including funneling $100 billion in federal contracts to ‘disadvantaged businesses,’ according to an administrative official familiar with the proposal.

Biden is scheduled to introduce the plan Tuesday…

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Racial Wealth Gap: Joe Biden to Direct $100 Billion in Federal Contracts to 'Disadvantaged' Businesses

 

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