Published 3 years ago

While the U.S. may be closer than ever to a $15 federal minimum wage, the idea still faces stiff opposition

Summary by CNBC

Lawmakers, activists and consumers have been calling for an increase in the federal minimum wage to $15 for years. It could happen under President Joe Biden.

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CNBC

While the U.S. may be closer than ever to a $15 federal minimum wage, the idea still faces stiff opposition

Lawmakers, activists and consumers have been calling for an increase in the federal minimum wage to $15 for years. It could happen under President Joe Biden.

3 years ago·United States

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Bloomberg Quint

$15 Minimum Wage Subverts Biden Recovery Plan

(Bloomberg Opinion) -- President-elect Joe Biden is already working hard to sell his ambitious plan to get people back to work and help the economy heal from the pandemic recession. It’s too bad the plan includes a key element that would get in the way: a $15 federal minimum wage that would slow the recovery and devastate many low-wage workers.Continue Reading. Read more on Gadfly by BloombergQuint.

3 years ago·Mumbai, India

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National Review

Biden and the Minimum Wage

I think there’s still a way to block a $15 federal minimum wage, and it starts with people who think it’s a bad idea saying so.

3 years ago·United States

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WND

CBO: Biden's $15 minimum wage could kill 3.7 million jobs

President Joe Biden delivers his inaugural address on Jan. 20, 2021. (Video screenshot)The Congressional Budget Office estimated President Biden's proposal to raise the minimum wage to $15 an hour could eliminate 3.7 million jobs.The report concluded 1.3 million workers who would typically be employed would be without jobs in an average week in 2025, the Washington Examiner reported.The minimum-wage hike, from $7.25 to $15, is a centerpiece of B…

3 years ago·Medford, United States

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NewsBusters

FACT-CHECK: MSNBC Host Omits Key Detail on Minimum Wage Study to Fawn Over Biden Plan

On Sunday’s Weekends with Alex Witt, MSNBC host Alex Witt tag-teamed with New School professor of economics and urban policy and Institute On Race and Political Economy director Darrick Hamilton to eagerly promote Joe Biden’s economic agenda without a real grasp of the facts and some smokescreens. While discussing Biden’s proposal to increase the minimum wage to $15 an hour, Witt cited a quote from a Congressional Budget Office study that insist…

3 years ago·Washington, United States

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