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Can Biden close the racial wealth gap?

President Biden vowed on Tuesday to close the vast and persistent difference between the assets of Black and white Americans. In all, the racial wealth gap was recently estimated by the Duke economist William Darity Jr. to stand at $11.2 trillion. Biden has offered nowhere near that amount, instead introducing a raft of proposed programs, such as $31 billion for small-business development and $10 billion for infrastructure upgrades in.

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