Former MP Beto O'Rourke, D-Texas, unveiled another plan to end racial inequality on Saturday, promising as President to massively expand federal investment in companies that include women and minorities.
The hope for 2020 was that its plan would "release more than half a trillion dollars in resources" and "drive the development of 200,000 new women and small business owners." It would also channel US $ 100 billion in federal contracts to small businesses, expand access to mentoring opportunities, open a public credit bureau and take specific steps to expand access to markets and capital.
"Beto understands the unique challenges that small businesses face owners ̵
BETO CHALLENGES ON PEACE WITH IRAN, ACCUSES TRUMP ADMIN OF 'GUNNING FOR WAR & # 39;  "Beto's plan to boost capital and demand for small businesses in America, counteract institutional racism, and increase state investment in minority and women's businesses will enable small businesses to do what they do best: economic growth and creation of jobs. "
The announcement came when O'Rourke at the Black Economic Alliance's presidential forum along with the mayor of 2020, Pete Buttigieg of South Bend, In., Spoke d. and Sens. Cory Booker, D-N.J. and Elizabeth Warren, D-Mass.
O & Rourke has acknowledged in the past what he called a "privilege" that he enjoyed as a heterosexual white man.
STEPHEN COLBERT REFUSES BETO OUR ROKE TO DUMP PRESIDENTIAL RUN, GO FOR SENATE INSTEAD
He pointed out his privilege when he appeared on the cover of Vanity Fair earlier this year, a decision for which he later expressed regret. O & Rourke also announced proposals in May to eliminate racial inequality in the classroom.
CLICK HERE TO OBTAIN THE FOX NEWS APP an internal debate on the extent of its focus on identity politics ahead of the presidential elections of 2020. While presidential candidate Andrew Yang predicted that focusing would cost the party's electoral victories, defended Senator Kamala Harris (D-Calif.) and Democrats Stacey Abrams (Georgia Democrat) this.
"I would argue that identity politics is exactly what we are, and that's how we won," Abrams said in May.