,,iii  #aah? ,,congress  #b;d ,session  
,s4 ,,res4 #eih  ,,9 ,,! ,,s5ate ,,( ,,!
 ,,unit$ ,,/ates  ,m>* #bj1 #bjbd,ms4   
,butl] 7= h]self1 ,mr4 ,book]1 & ,mr4   
,w>nock7 submitt$ ! foll[+ resolution2  
:i* 0 ref]r$ to ! ,committee on !       
,judici>y  ,,resolution  ,express+      
support = ! ,s5ate to "w alongside !    
,congressional ,black ,caucus to build !
 ,black ,weal? ,ag5da & outl9e !        
legislative priorities to a*ieve !      
,black ,weal? ,ag5da4  ,:]eas #bjbb data
 f ! ,f$]al ,res]ve ,sy/em has %[$ t !  
racial weal? gap 9 ! ,unit$ ,/ates has  
p]si/$ into ! #ba/ c5tury1 z ! av]age p]
 capita weal? = ,:ite p 9 ! ,unit$      
,/ates 0 #bhd1caj comp>$ to only #dd1ajj
 = ,black p 9 ! ,unit$ ,/ates2 ,:]eas   
access to high-quality education has be5
 id5tifi$ z a key factor 9 n>r[+ !      
racial weal? gap 9 ! ,unit$ ,/ates1 yet 
extraord9>y income inequality has       
dim9i%$ opportunities = families f      
l[-income backgr\nds2 ,:]eas educational
 segregation by income poses a ?reat to 

! promise ( equal opportunities 9       
education2 ,:]eas ! failure ( ! ,f$]al  
,gov]nm5t to effectively address gr[+   
inequality has result$ 9 decreas$       
economic mobility rates 9 ! ,unit$      
,/ates & made ! ,am]ican dream m        
elusive1 z evid5c$ by a decl9e 9 !      
fraction ( *ildr5 :o e>n m ?an _! p>5ts1
 prim>ily due to ! gr[? 9 inequality2   
,:]eas ! endur+ legacy ( ,jim ,cr[ laws1
 :i* aim$ to l[] economic progress (    
,black p 9 ! ,unit$ ,/ates ?r\gh racial 
segregation1 dis5fran*isem5t1 &         
limitation ( geographic mobility1 has   
left a la/+ impr9t on ! socioeconomic   
/&+ ( ,black p 9 ! ,unit$ ,/ates2 ,:]eas
 ,jim ,cr[ laws directly t>get$         
education & o!r areas ( life1           
significantly h9d]+ ! pursuit (         
prosp]ity by ,black p 9 ! ,unit$ ,/ates 
& contribut+ to ! p]si/5t economic      
divide2 ,:]eas home[n]%ip 9 ! ,unit$    
,/ates1 a critical av5ue = weal? build+1
 rema9s significantly less atta9able =  
,black p comp>$ to ,:ite p1 ) disp>ities

 9 home[n]%ip rates exce$+ #cj p]c5t 9  
"s cities1 exac]bat+ ! racial weal? gap 
& h9d]+ ! ability ( ,black families to  
accumulate & pass d[n weal? across      
g5]ations2 ,:]eas homes 9               
majority-,black neighborhoods 9 ! ,unit$
 ,/ates are sy/ematically und]valu$     
comp>$ to ^? 9 pr$om9antly ,:ite areas1 
) ! devaluation contribut+ to und]fund$ 
public s]vices1 includ+ education1 &    
p]petuat+ a cycle ( economic            
disadvantage & inequality = ,black p    
resid+ 9 ^! communities2 ,:]eas         
employm5t discrim9ation has result$ 9   
high] unemploym5t rates & l[] wages =   
,black p 9 ! ,unit$ ,/ates comp>$ to _! 
,:ite c\nt]p>ts1 ) ,black work]s be+    
disproportionately repres5t$ 9 l[-wage  
positions & und]repres5t$ 9 high-wage   
executive roles2 ,:]eas ! w> on drugs & 
discrim9atory crim9al ju/ice policies 9 
! ,unit$ ,/ates h l$ to mass inc>c]ation
 ( ,black p at rates significantly high]
 ?an ,:ite p1 disrupt+ families1 limit+ 
employm5t opportunities1 & impos+       

f9ancial burd5s t h9d] weal?            
accumulation2 ,:]eas sy/emic racism 9   
heal?c>e has creat$ disp>ities 9 access 
to quality c>e & outcomes = ,black p 9 !
 ,unit$ ,/ates1 lead+ to high] heal?c>e 
co/s & economic in/ability = affect$    
families1 fur!r wid5+ ! racial weal?    
gap2 ,:]eas ,black p 9 ! ,unit$ ,/ates  
face significant b>ri]s 9 access+       
f9ancial s]vices & capital1 ) a l[]     
likelihood ( loan approval & high]      
int]e/ rates comp>$ to ,:ite applicants1
 limit+ opportunities = bus9ess own]%ip 
& inve/m5t2 ,:]eas1 accord+ to an       
analysis by ,citi ,gr\p1 disp>ities =   
,black p across ! economic sy/em ( !    
,unit$ ,/ates f #bjjd to #bjbd h co/ !  
economy #af1jjj1jjj1jjj1jjj2 ,:]eas     
#ad4d p]c5t ( ! population 9 ! ,unit$   
,/ates is ,black1 yet ,black h\seholds  
hold only #d p]c5t ( total h\sehold     
weal? comp>$ to #hd p]c5t held by ,:ite 
h\seholds2 ,:]eas unions significantly  
r$uce racial wage gaps1 & racial weal?  
gaps are g5]ally small] among union     

memb]s z a result ( ! enhanc$ job       
protections t work]s cov]$ by a union   
contract enjoy2 ,:]eas ! m$ian non-union
 ,:ite family has m ?an #g 9 weal? = e  
#a held by ! m$ian non-union ,black     
family1 b t ratio is r\ghly half z l>ge 
among union families :]e ! m$ian union  
,:ite family has #c4gj 9 weal? = e #a   
held by ! m$ian union ,black family2    
,:]eas1 9 #bjbb1 ! m$ian income = ,black
 h\seholds 9 ! ,unit$ ,/ates 0 #eb1hfj  
comp>$ to a m$ian income ( #ha1jfj =    
,:ite h\seholds2 ,:]eas1 accord+ to     
economic data f ! ,f$]al ,res]ve-- 7#a7 
only #df p]c5t ( ,black h\seholds 9 !   
,unit$ ,/ates own$ _! home1 comp>$ to   
#ge p]c5t ( ,:ite h\seholds1 a disp>ity 
on p> ) ! #aifj's2 &  7#b7 ! unemploym5t
 rate = ,black work]s 9 ! ,unit$ ,/ates 
is consi/5tly twice z high z x is =     
,:ite work]s2 ,:]eas address+ economic  
disp>ities = ,black p 9 ! ,unit$ ,/ates 
requires reimag9+ gov]nm5tal & societal 
policies & practices1 :i* h be5 root$ 9 
discrim9atory int5t s9ce ! f\nd+ ( !    

,unit$ ,/ates2 ,:]eas address+ ! racial 
weal? gap 9 ! ,unit$ ,/ates mu/ be a    
holi/ic ef=t conc5trat$ across sev]al   
policy pr9ciples1 includ+               
entrepr5eur%ip1 f9ancial s]vices1       
af=dable h\s+1 work=ce developm5t1      
protect+ & promot+ civic p>ticipation1 &
 re=m+ tax policy2 ,:]eas we mu/ commit 
to gr[+ ! economy ( ! ,unit$ ,/ates by  
creat+ legislative solutions t          
decon/ruct b>ri]s to economic           
opportunities = ,black p & t build      
,black int]g5]ational weal?2 ,:]eas !   
,congressional ,black ,caucus believes x
 is ( ! utmo/ importance-- 7#a7 to enact
 legislation t boo/s equitable outcomes2
 &  7#b7 to coord9ate a legislative     
ag5da t cem5ts positive *anges & re9=ces
 a commitm5t to pres]v+ ,black economic 
prosp]ity 9 ! ,unit$ ,/ates2 ,:]eas !   
,black ,weal? ,ag5da w h an amplifi$    
impact on all policy areas :]e exi/+    
oppressive regulation prev5ts progress2 
& ,:]eas1 f remov+ b>ri]s to quality    
heal?c>e = ,black p 9 ! ,unit$ ,/ates1  

to address+ environm5tal ju/ice issues =
 ,black communities t cont9ue to be on !
 frontl9es ( ! climate crisis1 x is cle>
 t a holi/ic approa* is critical to     
clos+ ! economic divide3 ,n[1 !re=e1 be 
x ,t ! ,s5ate-- 7#a7 commits-- 7,a7 to  
promot+ ,black entrepr5eur%ip by exp&+  
fund+ solutions1 /r5g!n+ outrea* to     
educate communities 9 ! ,unit$ ,/ates2 &
  7,b7 to re=m+ policies t h creat$     
ob/acles to success = ,black bus9esses2 
7#b7 supports e/abli%+ =w>d-look+       
entrepr5eurial goals & driv+ communities
 to ! c5t] ( innovation 9 ! #ba/ c5tury 
by-- 7,a7 creat+ opportunities 9 sectors
 su* z-- 7i7 gre5 en]gy2  7ii7          
te*nology2 &  7iii7 heal?c>e2 &  7,b7   
build+ a work=ce to be an inve/m5t 9 a  
bett] future2  7#c7 ass]ts t sy/emic    
discrim9ation 9 ! h\s+ m>ket 9 ! ,unit$ 
,/ates has greatly contribut$ to ! wid5+
 ( ! racial weal? gap & mu/ be rectifi$2
  7#d7 w create solutions to address !  
af=dable h\s+ crisis 9 ! ,unit$ ,/ates  
by increas+ ! supply ( available h\s+1  

r$uc+ h\s+ co/s g5]ally1 enhanc+        
programs to support & protect r5t]s1 &  
en=c+ anti-discrim9ation laws2  7#e7    
supports initiatives to build ! ,black  
work=ce & equip ! ,black community 9 !  
,unit$ ,/ates ) ! necess>y tools to     
compete = /able jobs 9 e c>e] & at e    
c>e] level1 includ+ ! ability to jo9 a  
union & collectively b>ga92  7#f7       
recognizes t z ,black p 9 ! ,unit$      
,/ates are ov]repres5t$ 9 m9imum wage   
jobs1 ! ,f$]al m9imum wage mu/ be updat$
 to reflect inflation2  7#g7 ackn[l$ges 
t additional necess>y re=ms address+ !  
economic disp>ity 9 ! ,unit$ ,/ates     
include improvem5ts to c>e] pa?ways     
programs1 inve/+ 9 hi/orically ,black   
colleges & univ]sities1 increas+ !      
af=dability ( po/ high-s*ool education1 
exp&+ access to appr5tice%ip & job      
skills tra9+ programs1 & o!r solutions t
 maximize ! pot5tial ( ! ,black work=ce2
  7#h7 supports ! goal ( exp&+ economic 
opportunity1 equity1 & weal? creation = 
,black p 9 ! ,unit$ ,/ates at e         

socioeconomic level1 9 e indu/ry1 & 9 e 
resid5tial sett+1 ) progress t[>d ?is   
goal-- 7,a7 be+ monitor$1 evaluat$1 &   
enhanc$ by ,f$]al ag5cies t h relevant  
programs & initiatives2 &  7,b7 requir+ 
t ,black p 9 ! ,unit$ ,/ates be able to 
build a f9ancially secure retirem5t2    
7#i7 mu/ support tax re=m initiatives = 
,black families 9 ! ,unit$ ,/ates t--   
7,a7 help secure retirem5t1 end pov]ty1 
& increase home[n]%ip af=dability2  7,b7
 su/a9 /ud5ts1 families1 & ! economy2 & 
7,c7 facilitate ! accumulation (        
g5]ational weal?2 &  7#aj7 mu/ commit to
 creat+ equitable & balanc$ tax policy 9
 ! ,unit$ ,/ates t levels ! economic    
play+ field1 addresses weal?            
conc5tration1 & advances opportunities =
 economic ga94