AAPI Victory Fund joiin Latino and Black PACs to commit $30 million for Biden's reelection

President Joe Biden got a boost with the endorsement of three major PACs representing people of color.

Three major political action committees representing Asian American, Black and Latino voters ndorsed President Biden’s reelection bid last week and commit $30 million to mobilizing communities of color.

The AAPI Victory Fund, The Collective PAC, and Latino Victory Fund announced their endorsement during Biden's rally in Atlanta.

“President Biden and Vice President Harris have delivered for Asian American Pacific Islanders, and that’s why the AAPI Victory Fund stands strongly behind the Biden-Harris ticket,” said Joe Nguyễn, President and CEO of the AAPI Victory Fund. 

“Asian American voters are going to be key to the success of Democratic candidates up and down the ballot in 2024," said Nguyễn. "Between now and Election Day, we have robust plans to persuade and mobilize AAPI voters in culturally competent ways to speak to our communities’ values – while also aggressively calling out the harmful, xenophobic policies and rhetoric coming from Donald Trump and extremist Republicans.”

The Biden-Harris Administration has delivered historic results for communities of color in their first term in office:

• Canceled student debt for more than 3.9 million borrowers and created new rules that will cut the average Black borrower’s payments in half, after Trump’s nominees to the Supreme Court stopped President Biden’s larger debt forgiveness plan.

• Created 2.6 million jobs for Black workers and achieved the lowest Black unemployment rate on record.

• Covered almost two-thirds of births for Black mothers, helped to address Black maternal mortality, by expanding Medicaid coverage after birth from two to 12 months in most states.

• Asian American unemployment has fallen by more than half since Biden took office. The Small Business Administration has distributed more than $16 billion in loans to AA and NHPI entrepreneurs. The number of Asian American owned businesses increased by 18% compared to pre-pandemic.

• AANHPI Americans are represented throughout the Biden-Harris Administration, including Vice President Kamala Harris, the first vice president of South Asian descent.

• Created nearly 12 million jobs, achieving the lowest unemployment rate on record for Latinos.

• Cut Latino child poverty by 43% through the American Rescue Act and Inflation Reduction Act.

• The Administration invested $450 billion and provided emergency relief to more than 6 million small businesses - leading Latinos to start new businesses at the fastest rate in the last decade.

“The stakes of this election could not be higher for voters of color, and President Biden and Vice President Harris could not be more honored to earn the support of these three national organizations that represent both the diversity of our party and the backbone of the coalition that stood up and voted in record numbers to defeat Donald Trump in 2020,” stated Biden campaign manager Juile Chavez Rodriguez.

EDITOR'S NOTE: For additional commentary, news and views from an AANHPI perspective, follow me at Threads.net/eduardodiok, @DioknoEd on Twitter or at the blog Views From the Edge.