VP Kamala Harris unveils extensive agenda, promises wealth-building and opportunity as election nears

By Stacy M. Brown
NNPA Newswire

Vice President Kamala Harris has unveiled an extensive agenda designed to dismantle systemic barriers and foster new opportunities for Black men across America. The agenda, announced on Oct. 14, spotlights wealth-building, health equity, criminal justice reform and expanded education and job training access. Her plan follows recent controversial remarks by former President Barack Obama, who addressed concerns about voter turnout among Black men and stressed the importance of participating in the election.

Obama’s comments in Pittsburgh were roundly criticized as scapegoating Black men, though he emphasized the high stakes of the 2024 election, noting that some African American males might hesitate to vote. He suggested that part of the reluctance could stem from discomfort with the idea of a woman president. Harris’s plan aims to address the specific needs of Black men, with initiatives focused on financial empowerment, healthcare and education.

Forgivable loans and wealth creation

Harris’s economic plan centers on wealth-building and supporting Black entrepreneurship. Her administration would provide one million forgivable loans, each up to $20,000, to help Black men and others who have faced significant barriers to starting a business. By partnering with community banks and mission-driven lenders, Harris aims to make capital accessible to Black entrepreneurs looking to launch or expand businesses in fields ranging from technology to landscaping and beyond.

Additionally, Harris has proposed a significant expansion of the Small Business Startup Tax Deduction, increasing it from $5,000 to $50,000, which would allow Black entrepreneurs to offset startup costs. She also plans to boost access to venture capital, low-interest loans and incubators specifically for Black-owned businesses. Recognizing that Black entrepreneurs are frequently denied credit, Harris’s plan includes reforms to expand affordable banking services and crack down on hidden fees that inhibit wealth accumulation in Black communities.

Pathways to high-demand jobs and expanded education access

Harris’s agenda promotes education, training and mentorship programs to equip Black men with the skills needed to succeed in high-demand fields. Her plan emphasizes registered apprenticeships and credentialing programs, which would provide hands-on training for jobs in sectors like cybersecurity, renewable energy and healthcare. She also seeks to eliminate unnecessary college degree requirements for 500,000 federal jobs, making these roles more accessible to Black men who may not have pursued higher education.

To increase the representation of Black male teachers—a crucial role model for young Black students—Harris said she plans to invest in teacher training programs through the Department of Education. By collaborating with HBCUs and MSIs, the Democratic presidential nominee hopes to build a pipeline for Black male educators, addressing the severe underrepresentation in this profession, where only 1 percent of teachers are Black men. Research has shown that Black students benefit academically and socially when they have Black male teachers, yet structural barriers have prevented many from entering the field. Harris also supports the Public Service Loan Forgiveness Program to attract and retain Black male teachers, ensuring they have a pathway to long-term careers in education.

Financial protections in the digital economy

Harris’s plan includes protections for Black men who invest in cryptocurrency and other digital assets, acknowledging that over 20 percent of Black Americans have owned these assets. Among her goals is establishing a regulatory framework to safeguard digital investments, ensuring that Black men are protected as they participate in the burgeoning digital economy. The framework would set standards to protect investors from fraud and provide educational resources on digital asset management.

Health equity and addressing medical debt

Health equity remains a cornerstone of Harris’s agenda. She has introduced a National Health Equity Initiative focused on Black men, which would address high rates of chronic diseases like diabetes, prostate cancer and sickle cell disease. Harris proposes capping insulin costs at $35 per month and limiting out-of-pocket expenses on prescription drugs to $2,000 annually. Additionally, she said she would expand funding for sickle cell research and build a national database to improve prevention and treatment.

To tackle the burden of medical debt, which disproportionately affects Black men, Harris proposes removing medical debt from credit reports and working with states to relieve outstanding medical debt. The effort would help Black men access better credit, opening doors for homeownership and business financing.

Criminal justice reform and economic opportunities in legal cannabis

The vice president also has committed to legalizing recreational marijuana at the federal level, which she argues will reduce incarceration rates for Black men and create economic opportunities in the emerging cannabis industry. By working with Congress to ensure the safe cultivation, distribution, and possession of marijuana, Harris would remove long standing barriers that have disproportionately impacted Black men. Her plan would establish pathways for Black men to access licenses and jobs in the legal cannabis sector, providing a chance to build wealth in a market that has historically excluded them.

Affordable housing, homeownership, and financial literacy

Harris further proposes building three million affordable housing units during her first term to address the housing crisis. She would offer up to $25,000 in down payment assistance for first-time homebuyers, aiming to triple the number of new Black homeowners annually by the end of her term. The initiative would specifically target those who have been unable to buy homes due to a lack of generational wealth, which disproportionately affects Black families.

Still, another facet of her plan would tackle racial bias in home appraisals, a pervasive issue that often results in undervalued properties in majority-Black neighborhoods. Her proposal would mandate training and accountability measures for appraisers to ensure that Black homeowners receive fair property valuations, helping to close the racial wealth gap.

Community events and outreach

As part of her outreach to Black men, the Harris-Walz campaign is launching several community-centered events. The “Black Men Huddle Up” initiative will feature NFL and NCAA watch parties in battleground states, where Black men can discuss the upcoming election and its implications for their communities. In addition, the campaign will host a series of Economic Freedom Talks, with notable Black entrepreneurs discussing strategies for business growth and financial independence. Harris’s team is ramping up its Shop Talk series, Brother to Brother canvass events, and launching new testimonial ads to reach Black voters in states like Pennsylvania, Georgia and Michigan.

In stark contrast to Trump’s agenda

Harris’s proposals directly counter Donald Trump’s Project 2025, which she argues would dismantle progress for Black communities. Trump’s plan includes:

• Reinstating stop-and-frisk practices.
• Cutting funding for urban education.
• Eliminating critical programs like Medicare, Medicaid and Social Security, which many Black families rely on.
• Harris’s agenda seeks to offer Black men a comprehensive path to economic stability and success, positioning her as the candidate dedicated to addressing their unique challenges.

Harris’s detailed plan appears to offer Black men a vision of leadership, opportunity and economic empowerment, which she argues is essential for the future of Black communities. She believes investing in education, health and wealth-building would help address systemic inequities and build a path to prosperity for Black men nationwide.

“Donald Trump could care less about equipping hardworking Americans with the tools needed to get ahead,” campaign co-chair Cedric Richmond stated. “While Vice President Harris is promising to equip Black men with the tools needed to pursue our dreams and aspirations, Donald Trump is promising Black men in America a national nightmare.”