AnthonyI
Well-Known Member
Why does it feel more and more like our two parties are just in a never ending game of chicken to see who flinches first..........of course, as always, it's not THEIR lives or lively hood at risk.I have more about this if you want to read.
Top Senate Democrats are pulling a plan to penalize large corporations that don't have a $15 per hour minimum wage, two sources confirmed to The Hill.
Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Senate Budget Committee Chairman Bernie Sanders (I-Vt.) floated their "Plan B" after the parliamentarian ruled that a straight increase of the federal minimum wage to $15 per hour didn't comply with arcane budget rules that govern what can be included in the coronavirus relief bill.
Under the backup plan, outlined on Friday by Wyden, large corporations would get a 5 percent tax penalty if they paid workers less than a certain amount, with the amount of the penalty increasing over time. Democrats were also looking at giving tax incentives to small businesses to raise their wages.
But Democrats have dropped the effort, with one source familiar telling The Hill that there were concerns that working out the details could slow down the overall coronavirus bill. Democrats want to get the bill to President Biden's desk before unemployment benefits expire in a matter of weeks.
"We worked through the weekend and it became clear that finalizing Plan B with the caucus would delay passage and risk going over the jobless benefits cliff on March 14," the source said.
Senate Democrats nix 'Plan B' on minimum wage hike
Top Senate Democrats are pulling a plan to penalize large corporations that don't have a $15 per hour minimum wage, two sources confirmed to The Hill.thehill.com