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DNC says that President Biden is working to expand opportunities for AANHPI-owned businesses and making higher education more accessible

May is Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month. This is a time to celebrate and honor the AANHPI community's accomplishments throughout history. The Democratic National Committee on Monday released a statement to announce that they have tirelessly worked to ensure that AANHPI communities have access to educational and economic opportunity.

They point to: delivering $5 billion in American Rescue Plan funds to support AANHPI-serving institutions to investing in AANHPI entrepreneurs. The Small Business Administration has provided over $22 billion in loans to AANHPI entrepreneurs, contributing to the highest Asian American employment and entrepreneurship rates in over a decade.

Nina Raneses is the Deputy National Press Secretary for the DNC.

"President Biden and Vice President Harris are breaking systemic barriers and expanding economic and educational opportunities for AANHPI communities," said Raneses. "The Biden-Harris administration has distributed nearly $22 billion in Small Business Administration loans to AANHPI entrepreneurs and given $121 million in Department of Labor grants, all of which helped lead to the highest Asian American employment and entrepreneurship rates in over a decade. President Biden and Vice President Harris believe in building the economy from the bottom up and middle out, which is why their administration continues to support AANHPI small businesses and help students afford higher education. Meanwhile, Donald Trump's failed MAGAnomics agenda created incentives to ship jobs overseas, implemented tax cuts for the ultra-wealthy, and left middle class families behind. This November, we have a clear choice: President Biden's plan to uplift all Americans, including our AANHPI communities, or Donald Trump's plan to leave working families behind while the ultra-rich line their pockets with tax breaks."

Winning the Asian and Pacific Islander communities is a key goal of the Democratic National Committee in November.

The Biden-Harris campaign has a lot of work to do if it hopes to rebuild the diverse coalition that it used to defeat former President Trump in November.

 

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