REPORT: Beto O’Rourke unveils small business plan to address ‘racial wealth disparities’

FOXNEWS.COM:

Former Rep. Beto O’Rourke, D-Texas, unveiled another plan geared toward ending racial inequality on Saturday, pledging that as president he would vastly expand the federal government’s investment in women- and minority-owned businesses.

The 2020 hopeful claimed his plan would “unlock over half a trillion dollars” in resources and “spur the development of 200,000 new women and minority owned small businesses.” It also would redirect $100 billion in federal contracting toward small businesses, expand access to mentorship opportunities, open a public credit reporting agency and work through certain avenues to expand access to markets and capital.

The article goes on to state the following:

“Beto understands the unique challenges facing small business owners – and that those challenges are only heightened for women entrepreneurs and people of color,” his campaign site read.

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

SEE HIS TWEETS BELOW:

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