Decision Maker Response

Mike Bloomberg’s response

Mike Bloomberg
Candidate for President
5 Feb 2020
It is unacceptable that nearly 12 million children live in poverty in the richest nation in the world. As president, I will make it a priority to lift up the lowest-income Americans who struggle to put food on the table for their children and make ends meet. It’s time to fix a system that sets up the most vulnerable among us to fail.

My "All-In Economy" agenda will put more American families on a stable footing by boosting opportunities for employment and job training, raising the minimum wage to $15 an hour, reforming the Earned Income Tax Credit, ensuring paid family leave, and increasing the Child Tax Credit and making it fully refundable. My plan will put more parents in better-paying, higher-quality jobs and target those communities that have been left behind, providing training and education to equip millions of adults with the skills and credentials needed for good, upwardly mobile jobs.

To thrive, every child needs a decent home. My Greenwood Initiative to promote economic justice for Black Americans includes a $70 billion investment in the 100 most disadvantaged neighborhoods and a plan to create 1 million new Black homeowners. I’ll also increase funding for housing vouchers and make it easier for families to move to where the opportunities are. I’ll use tax incentives and new testing to encourage lead removal from homes.

Furthermore, I will make it a priority to break the cycles of intergenerational poverty by investing in the critical area of early childhood education. I will ensure high-quality, affordable child care, helping more Black and Latina mothers enter the workforce. And I will bolster vital early childhood learning programs, including increasing funding for Head Start and Early Head Start, to put all children on a level playing field.
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