{"id":4589,"date":"2021-03-03T14:20:32","date_gmt":"2021-03-03T14:20:32","guid":{"rendered":"http:\/\/lonecandle.com\/?p=4589"},"modified":"2021-03-03T14:20:32","modified_gmt":"2021-03-03T14:20:32","slug":"democrats-remaining-options-for-raising-the-minimum-wage-explained","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=4589","title":{"rendered":"Democrats\u2019 remaining options for raising the minimum wage, explained"},"content":{"rendered":"\n

\n\n“The Senate parliamentarian on Thursday<\/a> dealt Democrats a disappointing blow in the fight for the $15 minimum wage, ruling that it can\u2019t be included in a Covid-19 relief package if lawmakers want to use budget reconciliation.<\/p>\n\n\n\n

That decision likely means that the $15 minimum wage is effectively dead \u2014 for now.”<\/p>\n\n\n\n

…<\/p>\n\n\n\n


“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\u2019t 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\u2019t raise their wages. But over the weekend, Democrats determined the idea is a no-go for now<\/a>.<\/p>\n\n\n\n


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 \u2014 led by Sens. Mitt Romney (R-UT) and Tom Cotton (R-AR) \u2014 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.”<\/p>\n\n\n\n


https:\/\/www.vox.com\/policy-and-politics\/22302845\/minimum-wage-stimulus-bill-byrd<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

“The Senate parliamentarian on Thursday dealt Democrats a disappointing blow in the fight for the $15 minimum wage, ruling that it can\u2019t be included in a Covid-19 relief package if lawmakers want to use budget reconciliation.<\/p>\n

That decision likely means that the $15 minimum wage is effectively dead \u2014 for now.”<\/p>\n

…<\/p>\n

“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\u2019t 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\u2019t raise their wages. But over the weekend, Democrats determined the idea is a no-go for now.<\/p>\n

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 \u2014 led by Sens. Mitt Romney (R-UT) and Tom Cotton (R-AR) \u2014 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.”<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[351],"class_list":["post-4589","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-minimum-wage"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/4589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4589"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/4589\/revisions"}],"predecessor-version":[{"id":4592,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/4589\/revisions\/4592"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}