Charles O’Neal: (38:18)
Given the preparation undertaken in the formulation of the American Rescue Plan, I’m certain that you and Secretary Yellen have already begun planning for what’s next. We know that black owned businesses suffer from pre-existing conditions. So what can we expect from the administration in terms of ongoing, targeted support for the businesses we represent?
Vice President Kamala Harris: (38:42)
That’s an excellent point, Mr. O’Neal, and thank you for your leadership. So, we need to get this rescue plan passed. And the reason I was in the Senate now as the President of the Senate to break the tie, was so we can get that moving along to get that relief- (39:03)
… so we can get that moving along to get that relief to families and to small businesses as quickly as possible to deal with the immediate issues; including what cannot be overlooked, even since December, when the last package was passed, almost 100,000 people have died. Right? When we think about this moment we’re in, the way I think of it, and you’ll appreciate this from Texas, I think of it is like a hurricane, right? Sometimes we tend to think, “Okay, we now need to clean up after the hurricane.” No, we’re still in the hurricane, and it’s picking up speed. Right? That as much as anything is the motivation and the spirit behind the rescue plan, which is people are hurting right now. Back to the housing piece, back to the child poverty piece, back to the piece we’re seeing all over the country, including as you know in Texas where people are in lines in their car, standing in lines for hours and hours because their families are hungry.
(40:05)
There is that, but one of the things that the president is very committed to is a very deep part of his commitment to the future of our country is an investment in infrastructure and the creation of jobs. Look to that in the horizon, in the not too far distant future. Right? How does that relate to small businesses? Well, in so many ways. I mean, again, understanding that let’s not engage in any kind of myths about who Black businesses are. Black businesses are every business, right? Including manufacturing, including contractors and construction companies, including all of those businesses that will benefit from an investment in America’s infrastructure, be that roads or bridges.
Vice President Kamala Harris: (40:51)
But also one of the pieces that we are committed to is broadband now, which relates to everything from not only the disparities along racial lines in rural America and urban America, around our children having access to broadband and the internet when they’re missing critical stages of their education, but also for our, again, for our businesses, because those businesses who do not have access to broadband cannot thrive in this environment, in this year of our Lord, 2021, without that infrastructure in place, and that is part of our great commitment. (41:28)
These are the kinds of things that are on the horizon, but really, infrastructure, infrastructure, jobs, jobs, jobs. In that way, our businesses will benefit. I think, in a very significant way. (41:41)
Madame Secretary, if you want to add anything?
Secretary Janet Yellen: (41:42)
Thanks so much. I would just add that in addition to the direct support that we hope to provide to small business, and I have already emphasized implementation of the programs, some of which rest with treasury that we’re very focused on implementing them in a way these programs are accessible and there’s technical assistance and outreach. But beyond that, it’s important that you see the larger parts, some of the larger parts of the American Rescue Plan, as also helping small businesses in local communities, because the direct payments, the larger child-tax credit to households, the assistance for unemployed workers, and the package importantly includes money that will help state and local governments that are just strapped for funds, make sure that they can keep teachers, firefighters, policemen, first responders on the job. All of these things really also work to benefit small businesses in local communities, keeping people on the job and making sure that members of the community have money to spend to support local businesses.
Secretary Janet Yellen: (43:06)
I’d also like to second the points that the vice president made about what’s coming after this. We need to get through some dark months here and deal with the pandemic, get the economy on track, but we’ve had long-standing inequities in our society and President Biden and Vice President Harris have promised to build back better. We really look forward to putting in front of the American people a recovery package, a job package, a package that’s going to be focused on investing in our communities, investing in people, investing in America and addressing really long-standing inequities that we’ve faced in this country.
Ron Busby: (43:57)
Thank you. Thank you so much. Madam Vice President, as well as Madam Secretary. This has truly been an honor to discuss the American Recovery Plan. I thank all of the members of the US Black Chamber. I thank our leaders, as well as the press for joining us this afternoon. I want to give a special thank you-
Secretary Janet Yellen: (44:17)Ron?
Ron Busby: (44:17)Oh, yes?
Vice President Kamala Harris: (44:19)It looks like you’re closing out, but I have one more thing.
Ron Busby: (44:22)Sure. This is your show. Yes.
Vice President Kamala Harris: (44:25)Vaccines.
Ron Busby: (44:26)Yes.
Vice President Kamala Harris: (44:27)
Help us get the word out. I’m going to just end where we started about you are opinion leaders, you are civic leaders, you are community leaders. Our communities are dying at disproportionately high rates. I got my second vaccine just last week. We’ve got to remind people that the vaccines are safe, that they will save lives. We’ve got to remind folk there’s a Black woman, a doctor, who helped create the vaccine that is now being used. I urge you to please get the vaccine when it’s your turn, but also to encourage your members, their employees to get vaccinated.
Vice President Kamala Harris: (45:16)
If we’re going to build back up our economy, we’ve got to get control of this. We really want to make sure that people know they have within their power the ability to save their lives, the lives of their family members, their community, but they got to get vaccinated. Like I said, in California, throughout the country we’re opening up these federal, large vaccination sites. We will follow up by getting each of you information about how you can let the folks on your list know where they can find information about where they can get vaccinated, but please help us with that. We need your help, our community and our nation needs your help with that in addition to everything else you do.
(45:57)With that, again, thank you. And, please, if you want to close us out.
Ron Busby: (46:02)No, thank you. (46:04)
What I have heard this afternoon is a few things, and I took a couple of notes. The first one is intentionality. The conversation that we have had today is strictly for our communities, our businesses, and we thank you for understanding and hearing our concerns as it relates to Black-owned communities.
(46:22)
The second one is accountability. We are saying we want to be held accountable for our role in this American Recovery Plan as well as making sure that there is transparency so that we can hold this new administration accountable as well. We thank you for being so engaged so early in your administration, especially during this month of Black history because, again, this is not just about our history, but really about our future.
Vice President Kamala Harris: (46:49)That’s right.
Ron Busby: (46:49)
To my Chamber leaders, you’ve all heard me say this: In order for there to be a great America, there must be a great Black America. In order for there to be a great Black America, there must be great Black businesses. In order for there to be great Black businesses, we need great Black Chambers.
(47:08)
Thank you to all of you for joining us this afternoon. You can find out more information at thewhitehouse.gov, the US Black Chamber’s online information. Make sure your members are onboarding at buyblack.us so that we can find you, so that we can support you, and we can continue to grow our communities.(47:28)Thank you, guys, so much.
Vice President Kamala Harris: (47:29)Thank you.
Ron Busby: (47:29)Let’s continue to move the conversation forward. Stay Black and have a great Black History Month. Thank you so much.
Vice President Kamala Harris: (47:37)Thank you all.
Ron Busby: (47:37)Thank you, Vince, again for allowing us this opportunity.
Vice President Kamala Harris: (47:46)Thank you.
Speaker 1: (47:47)[inaudible 00:47:47].
Vice President Kamala Harris: (47:47)Thank you.
Speaker 1: (47:47)My pleasure.
Vice President Kamala Harris: (47:47)Thank you.
Vice President Kamala Harris: (47:49)We’re just going to get on the road with you and I.
Secretary Janet Yellen: (47:50)I think that sounds good.
Speaker 2: (47:54)Take us with you.
Vice President Kamala Harris: (47:54)Oh right, you’re here.
Speaker 2: (47:54)I’m here.
Secretary Janet Yellen: (47:59)[inaudible 00:47:59].
Speaker 3: (48:01)Madame Secretary, will you take some questions?
Secretary Janet Yellen: (48:03)I don’t think so.
Vice President Kamala Harris: (48:05)Soon.
Secretary Janet Yellen: (48:06)Yeah, soon.
Speaker 3: (48:06)Soon? We hope so.
Speaker 2: (48:07)We would love that. Thank you.
Vice President Kamala Harris: (48:15)Thank you all.
Speaker 2: (48:15)Thank you.
Speaker 4: (48:15)Thank you
Given the preparation undertaken in the formulation of the American Rescue Plan, I’m certain that you and Secretary Yellen have already begun planning for what’s next. We know that black owned businesses suffer from pre-existing conditions. So what can we expect from the administration in terms of ongoing, targeted support for the businesses we represent?
Vice President Kamala Harris: (38:42)
That’s an excellent point, Mr. O’Neal, and thank you for your leadership. So, we need to get this rescue plan passed. And the reason I was in the Senate now as the President of the Senate to break the tie, was so we can get that moving along to get that relief- (39:03)
… so we can get that moving along to get that relief to families and to small businesses as quickly as possible to deal with the immediate issues; including what cannot be overlooked, even since December, when the last package was passed, almost 100,000 people have died. Right? When we think about this moment we’re in, the way I think of it, and you’ll appreciate this from Texas, I think of it is like a hurricane, right? Sometimes we tend to think, “Okay, we now need to clean up after the hurricane.” No, we’re still in the hurricane, and it’s picking up speed. Right? That as much as anything is the motivation and the spirit behind the rescue plan, which is people are hurting right now. Back to the housing piece, back to the child poverty piece, back to the piece we’re seeing all over the country, including as you know in Texas where people are in lines in their car, standing in lines for hours and hours because their families are hungry.
(40:05)
There is that, but one of the things that the president is very committed to is a very deep part of his commitment to the future of our country is an investment in infrastructure and the creation of jobs. Look to that in the horizon, in the not too far distant future. Right? How does that relate to small businesses? Well, in so many ways. I mean, again, understanding that let’s not engage in any kind of myths about who Black businesses are. Black businesses are every business, right? Including manufacturing, including contractors and construction companies, including all of those businesses that will benefit from an investment in America’s infrastructure, be that roads or bridges.
Vice President Kamala Harris: (40:51)
But also one of the pieces that we are committed to is broadband now, which relates to everything from not only the disparities along racial lines in rural America and urban America, around our children having access to broadband and the internet when they’re missing critical stages of their education, but also for our, again, for our businesses, because those businesses who do not have access to broadband cannot thrive in this environment, in this year of our Lord, 2021, without that infrastructure in place, and that is part of our great commitment. (41:28)
These are the kinds of things that are on the horizon, but really, infrastructure, infrastructure, jobs, jobs, jobs. In that way, our businesses will benefit. I think, in a very significant way. (41:41)
Madame Secretary, if you want to add anything?
Secretary Janet Yellen: (41:42)
Thanks so much. I would just add that in addition to the direct support that we hope to provide to small business, and I have already emphasized implementation of the programs, some of which rest with treasury that we’re very focused on implementing them in a way these programs are accessible and there’s technical assistance and outreach. But beyond that, it’s important that you see the larger parts, some of the larger parts of the American Rescue Plan, as also helping small businesses in local communities, because the direct payments, the larger child-tax credit to households, the assistance for unemployed workers, and the package importantly includes money that will help state and local governments that are just strapped for funds, make sure that they can keep teachers, firefighters, policemen, first responders on the job. All of these things really also work to benefit small businesses in local communities, keeping people on the job and making sure that members of the community have money to spend to support local businesses.
Secretary Janet Yellen: (43:06)
I’d also like to second the points that the vice president made about what’s coming after this. We need to get through some dark months here and deal with the pandemic, get the economy on track, but we’ve had long-standing inequities in our society and President Biden and Vice President Harris have promised to build back better. We really look forward to putting in front of the American people a recovery package, a job package, a package that’s going to be focused on investing in our communities, investing in people, investing in America and addressing really long-standing inequities that we’ve faced in this country.
Ron Busby: (43:57)
Thank you. Thank you so much. Madam Vice President, as well as Madam Secretary. This has truly been an honor to discuss the American Recovery Plan. I thank all of the members of the US Black Chamber. I thank our leaders, as well as the press for joining us this afternoon. I want to give a special thank you-
Secretary Janet Yellen: (44:17)Ron?
Ron Busby: (44:17)Oh, yes?
Vice President Kamala Harris: (44:19)It looks like you’re closing out, but I have one more thing.
Ron Busby: (44:22)Sure. This is your show. Yes.
Vice President Kamala Harris: (44:25)Vaccines.
Ron Busby: (44:26)Yes.
Vice President Kamala Harris: (44:27)
Help us get the word out. I’m going to just end where we started about you are opinion leaders, you are civic leaders, you are community leaders. Our communities are dying at disproportionately high rates. I got my second vaccine just last week. We’ve got to remind people that the vaccines are safe, that they will save lives. We’ve got to remind folk there’s a Black woman, a doctor, who helped create the vaccine that is now being used. I urge you to please get the vaccine when it’s your turn, but also to encourage your members, their employees to get vaccinated.
Vice President Kamala Harris: (45:16)
If we’re going to build back up our economy, we’ve got to get control of this. We really want to make sure that people know they have within their power the ability to save their lives, the lives of their family members, their community, but they got to get vaccinated. Like I said, in California, throughout the country we’re opening up these federal, large vaccination sites. We will follow up by getting each of you information about how you can let the folks on your list know where they can find information about where they can get vaccinated, but please help us with that. We need your help, our community and our nation needs your help with that in addition to everything else you do.
(45:57)With that, again, thank you. And, please, if you want to close us out.
Ron Busby: (46:02)No, thank you. (46:04)
What I have heard this afternoon is a few things, and I took a couple of notes. The first one is intentionality. The conversation that we have had today is strictly for our communities, our businesses, and we thank you for understanding and hearing our concerns as it relates to Black-owned communities.
(46:22)
The second one is accountability. We are saying we want to be held accountable for our role in this American Recovery Plan as well as making sure that there is transparency so that we can hold this new administration accountable as well. We thank you for being so engaged so early in your administration, especially during this month of Black history because, again, this is not just about our history, but really about our future.
Vice President Kamala Harris: (46:49)That’s right.
Ron Busby: (46:49)
To my Chamber leaders, you’ve all heard me say this: In order for there to be a great America, there must be a great Black America. In order for there to be a great Black America, there must be great Black businesses. In order for there to be great Black businesses, we need great Black Chambers.
(47:08)
Thank you to all of you for joining us this afternoon. You can find out more information at thewhitehouse.gov, the US Black Chamber’s online information. Make sure your members are onboarding at buyblack.us so that we can find you, so that we can support you, and we can continue to grow our communities.(47:28)Thank you, guys, so much.
Vice President Kamala Harris: (47:29)Thank you.
Ron Busby: (47:29)Let’s continue to move the conversation forward. Stay Black and have a great Black History Month. Thank you so much.
Vice President Kamala Harris: (47:37)Thank you all.
Ron Busby: (47:37)Thank you, Vince, again for allowing us this opportunity.
Vice President Kamala Harris: (47:46)Thank you.
Speaker 1: (47:47)[inaudible 00:47:47].
Vice President Kamala Harris: (47:47)Thank you.
Speaker 1: (47:47)My pleasure.
Vice President Kamala Harris: (47:47)Thank you.
Vice President Kamala Harris: (47:49)We’re just going to get on the road with you and I.
Secretary Janet Yellen: (47:50)I think that sounds good.
Speaker 2: (47:54)Take us with you.
Vice President Kamala Harris: (47:54)Oh right, you’re here.
Speaker 2: (47:54)I’m here.
Secretary Janet Yellen: (47:59)[inaudible 00:47:59].
Speaker 3: (48:01)Madame Secretary, will you take some questions?
Secretary Janet Yellen: (48:03)I don’t think so.
Vice President Kamala Harris: (48:05)Soon.
Secretary Janet Yellen: (48:06)Yeah, soon.
Speaker 3: (48:06)Soon? We hope so.
Speaker 2: (48:07)We would love that. Thank you.
Vice President Kamala Harris: (48:15)Thank you all.
Speaker 2: (48:15)Thank you.
Speaker 4: (48:15)Thank you
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