evidence: "President Biden and Vice President Harris are keeping their promise to uplift Black communities across America — taking action from day one of their administration to increase Black wealth, spur record growth for Black-owned businesses, cut Black child poverty in half, forgive over $136 billion in student debt to ease a burden that especially affects Black borrowers, and deliver the lowest Black unemployment rate in history. The Biden-Harris administration’s record for Black families is in stark contrast to Donald Trump’s string of broken promises under his failed administration, from skyrocketing unemployment and rising uninsured rates for Black families to a historic number of Black-owned small businesses shuttering under his watch, to a widening of the racial wealth gap as a result of his signature tax scam that lined the pockets of his wealthy donors. Voters know there’s only one candidate on the ballot this November who has a proven record of expanding economic opportunity for Black Americans, and that’s President Biden." President Biden promised to invest in Black entrepreneurship and build wealth — and under his leadership, Black small businesses are experiencing record growth. White House Fact Sheet: "Under President Biden, a record 16 million new business applications have been filed, while the share of Black households owning a business has more than doubled, and the share of Latino households owning a business has increased by 40%."