What Voters Need To Know About The Racial Wealth Gap
“Prominent presidential candidates from across the Democratic field have debuted plans that they argue would address the racial wealth chasm. Senator Cory Booker introduced a ‘baby bonds’ proposal that would give children assets that they could access upon adulthood, and Senator Kamala Harris’s LIFT Act would give low-income families monthly cash payments. In announcing her exploratory committee, Senator Elizabeth Warren made excess wealth at the ‘top’ of the economy the centerpiece of her bid for president – and specifically called out the need to address ‘a path that is steeper and rockier’ for black communities than white ones.”