The Biden administration's proposed $2.65 trillion American Jobs Plan contains a commitment of resources and investments to overcome structural economic inequity, driven by decades of racial and gender discrimination and exclusion. In addition to being undercapitalized by the PPP in the midst of the COVID-19 pandemic, Black business owners experienced an acute decline of 41 percent in their numbers; Latinx businesses fell by 32 percent; Asian businesses, 26 percent. Compounding these inequities, Black, Indigenous, and people of color, particularly, women of color, have been hardest hit by unemployment and job losses. These groups have been left behind and held back for far too long, resulting in multigenerational poverty, wage, and wealth gaps. To meet the moment, House Democrats are proposing systemic solutions rooted in equity to ensure prosperity for all Americans. These solutions are driven by targeted, long-term investments to improve our infrastructure by igniting our economy for equity, baking in accountability to equitable practices and outcomes and fostering an ecosystem where the safety, health, and well-being of the people are a priority. ____________________
Share
More from Stacey Plaskett
I rise today to express condolences on the passing of Elisa McKay. I want to share that the Virgin Islands has lost one of its great creative and cultural visionaries with the passing of Ms. McKay. Her creative spirit and generous heart…
I am fully in support of this legislation. We know that, since enactment in 2000 of AGOA, it has been a key element in providing support in sub-Saharan Africa for duty-free access to U.S. markets for almost 6,000 products, which includes…
I rise with deep pride and reverence to honor Contract Day, recognized annually in the Virgin Islands on October 1. This day is one of the most defining in our history, and it honors and also celebrates four women, queens, who led the St…
I stand before you today to honor one of the Virgin Islands' very own, the recently departed, Pam Richards. A dedicated public servant, Pam's unwavering service to the Virgin Islands and tireless efforts to enhance our culture and heritage…





