“The Senate parliamentarian on Thursday dealt Democrats a disappointing blow in the fight for the $15 minimum wage, ruling that it can’t be included in a Covid-19 relief package if lawmakers want to use budget reconciliation.
That decision likely means that the $15 minimum wage is effectively dead — for now.”
…
“Sanders, Sen. Ron Wyden (D-OR), and other Democrats also floated the idea of establishing a tax penalty that incentivizes large corporations to pay their workers a $15 minimum wage and gives small businesses a tax credit for doing so. That change wouldn’t set a new federal standard for the minimum wage, but it could help nudge businesses into offering their employees better pay. Schumer, too, had offered his backing for a plan that dings corporations that don’t raise their wages. But over the weekend, Democrats determined the idea is a no-go for now.
Ultimately, Democrats may have to consider a potential compromise with Republicans to advance any type of standalone change to the minimum wage. Thus far, five Republicans — led by Sens. Mitt Romney (R-UT) and Tom Cotton (R-AR) — have backed legislation that would increase the minimum wage to $10 by 2025, a change that would also be tied to immigration enforcement. Sen. Josh Hawley (R-MO), too, has introduced a bill that would require a $15 minimum wage at companies that make $1 billion or more in annual revenues.”
https://www.vox.com/policy-and-politics/22302845/minimum-wage-stimulus-bill-byrd