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White House equity efforts
President Joe Biden highlighted his administration’s efforts to tackle systemic racism and to advance racial equity and opportunities in a recent news release.
Many of the new programs address small business and workforce needs in underserved communities.
For example, Biden’s American Rescue Plan law included:
- A new $10 billion State Small Business Credit Initiative to fund small businesses in economically disadvantaged areas;
- $39 billion for child care expansion;
- $40 billion for a new Registered Apprenticeship program, including $121 million in grants for apprenticeships in underserved communities;
- Expanded tax credits resulted in black consumers increasing enrollment in health insurance plans by 49% from 2020 to 2022. The uninsured rate dropped to a historic low of 8% in 2022.
The Bipartisan Infrastructure Law promoted by the White House included:
- $1 billion for the new Reconnecting Communities program to help areas cut off by transportation infrastructure;
- $2.9 billion for Lead Service Line Replacement in 2022; and
- Access to expanded eligibilities under the $11.7 billion Drinking Water State Revolving Fund.
The administration’s Inflation Reduction Act provided for:
- $3 billion for the Neighorhood Access and Equity Grant Program to fund transportation in underserved areas; and
- Permanently authorized the Minority Business Development Agency.
Other Biden administration initiatives to assist small businesses and workers in disadvantaged communities include:
- Raising the government’s Small Disadvantaged Business procurement goal to 12% in 2022, and to 15% by 2025;
- Investing $1.5 billion to diversity the National Health Service Corps, Nurse Corps, and federal Substance Use Disorder Treatment and Recovery programs;
- Providing $20,000 in student debt relief for Pell Grant recipients and $10,000 relief for other students. However, a federal judge recently suspended the debt relief.
More information:
White House news release: https://bit.ly/3TBn8nn
(URLs in Set-Aside Alert have been shortened by the bit.ly URL shortener)
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Inside this edition:
Midterm elections: Democrats hold Senate; GOP gaining House
No. of Cat Mgt small biz vendors has shrunk by 18% since 2018
Emissions disclosure rule
White House equity efforts
Buy American hikes eff. Oct 25
GSA Schedules update Dec. 7
Deviations on JVs, FAR updates
DOD pilot for worker-owned
More details on veteran certs
Protests drop in number
Column: Going to a Trade Show?
Put Yourself in a Reporter’s Shoes, First
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Defense spend fell, civilian rose in 2022: Deltek
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Updated blacklist of banned China tech
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Limitations on Subcontracting gets pushback
Coronavirus Update
Correction: CR expires on Dec. 16
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