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Press Release - Vice President Kamala Harris Launches Nationwide Economic Opportunity Tour

April 25, 2024

The Vice President will kick off her multi-state tour with a moderated conversation in Atlanta, GA on April 29 and an event in Detroit, MI during the following week

WASHINGTON – Vice President Kamala Harris announced today that she will embark on a nationwide Economic Opportunity Tour with a series of events focused on investing in communities, building wealth, and ensuring every American has the freedom to thrive. The Vice President's tour will take her back to several states across the country as she highlights how the Biden-Harris Administration has built economic opportunity and delivered for the American people. The Economic Opportunity Tour will kick off with a moderated conversation in Atlanta, GA on April 29 and an event in Detroit, MI during the following week. Additional dates and locations will be announced soon.

"President Biden and I are committed to creating an economy in which every person has the freedom to thrive. That is why we have taken historic steps to advance economic opportunity by increasing access to capital, investing in small businesses, addressing housing costs, forgiving student loans and medical debt, investing in infrastructure, and championing additional policies that put money in people's pockets and build wealth," said Vice President Harris. "Our economic approach has delivered great progress, and we will continue to invest in you, your family, and your future."

During the Vice President's Economic Opportunity Tour, she will highlight how the Biden-Harris Administration has delivered historic investments that have supported communities and helped people thrive. This includes making unprecedented investments in small businesses and achieving the fastest creation of Black-owned small businesses in more than 30 years, creating a record number of jobs, increasing access to capital for underserved communities, investing in infrastructure, cutting the price of insulin and expanding access to health care, erasing medical debt, forgiving more student loan debt than any administration in history and boosting investments in education, making housing more affordable, lowering child care costs, and increasing the wealth of American families. Vice President Harris will also outline additional steps that she and President Biden are taking to expand this work. She will be joined on the tour by Administration officials, members of Congress, local leaders, and other special guests.

The Vice President's tour is a continuation of her nonstop travel to communities across the country. She has made more than 35 trips to 16 states since the beginning of 2024. This includes consistent travel to meet with small business owners and entrepreneurs in underserved communities to discuss challenges and opportunities they face. In March, she traveled to Black Wall Street in Durham, NC to announce $32 million in funds to support historically underserved entrepreneurs. She began the year in Las Vegas, NV where she announced an SBA rule that will ensure millions of Americans who have served time are eligible for SBA loan programs that help individuals start and run small businesses.

The Vice President has long been focused on ensuring that minority, rural, and low-income communities have the capital and resources they need to thrive and support small businesses. Last year, she announced that Treasury's CDFI Fund has awarded over $1.73 billion in grants to 603 Community Development Financial Institutions (CDFIs) across the country. In 2022, the Vice President also announced a first-of-its-kind public-private sector initiative — the Economic Opportunity Coalition (EOC) — that is a historic public-private partnership of more than 20 private sector organizations that will invest tens of billions of dollars to create opportunity and grow wealth in historically underserved communities. The EOC has already surpassed over $1 billion in increased member company deposits into community finance institutions. As a Senator, the Vice President partnered with key Congressional stakeholders to secure a transformative $12 billion investment for CDFIs and MDIs in December 2020. Since that time, she has worked to ensure these programs are as successful as possible.

Media interested in covering Monday's Economic Opportunity Tour kickoff event in Atlanta – the Vice President's third trip to the state this year and her 12th since being sworn in – should RSVP HERE by 5:00 p.m. ET on Friday, April 26.

Media interested in covering the Vice President's arrival at Hartsfield-Jackson Atlanta International Airport should RSVP HERE by 5:00 p.m. ET on Friday, April 26.

Details for media to RSVP to additional stops on the tour will be available soon.

Kamala Harris, Press Release - Vice President Kamala Harris Launches Nationwide Economic Opportunity Tour Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/371436

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