GREENSBORO, N.C. — Editor's note: WFMY News 2 is not able to stream the entire town hall due to the podcast restrictions. But we'll be sure to bring you the latest on Senator Warren's visit to Greensboro right here.
Democratic presidential candidate Sen. Elizabeth Warren made her first stop in North CArolina Thursday, picking to visit Greensboro first.
She had a town hall-style live podcast event at North Carolina A&T University, the largest HBCU in the country. Journalist and Commentator Angela Rye is moderating the event.
Senator Warren keeps cutting into Former Vice President Joe Biden's lead in the race for the democratic nomination. But there's one place she's coming up short. In a recent CNN poll 45 percent of black voters picked Biden, but only 4 percent picked warren. Making today's stop at a Historically Black University that much more important.
"I want to shine a light on what our HBCUs are doing every single day," Warren said.
In addition to making all public colleges free and forgiving large portions of student debt, Senator Warren wants to pump $50 billion dollars into Historically Black Colleges and Universities. Campus leaders would be able to spend it however they see fit like for building construction or hiring more staff.
"Schools should be the ones making those educational decisions. That shouldn't be a Washington-based decision," Warren said.
Like most of her plans, the money would come from a wealth tax on America's richest families. A two percent tax on all assets over a certain size.
"Your first 50 million is free and clear. But on your 50 millionth and first dollar, you gotta pitch in two cents," Warren said.
Warren's economists estimate the tax would hit about 75,000 households and could bring in $2.75 trillion over 10 years.
Factcheck.org says "some experts doubt it." But it did not rule Warren's predictions as true or false.
"We need to reduce our investment in billionaires and increase an entire generation of Americans," Warren said.
To learn more about the Elizabeth Warren 2020 Campaign, click here.