This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/usa/516722-hawley-minimum-wage-bill/
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Bill demanding $15 minimum wage from corporate giants surprisingly comes from pro-Trump Senator Hawley | Bill demanding $15 minimum wage from corporate giants surprisingly comes from pro-Trump Senator Hawley |
| (6 months later) | |
| US Senator Josh Hawley (R-Missouri) has announced a bill requiring large employers to pay a $15 minimum wage, seemingly aligning him more with left-wing Democrats than his conservative colleagues on the issue. | US Senator Josh Hawley (R-Missouri) has announced a bill requiring large employers to pay a $15 minimum wage, seemingly aligning him more with left-wing Democrats than his conservative colleagues on the issue. |
| Hawley, who was demonized by Democrats for challenging the validity of President Joe Biden's election victory, said Friday that his new legislation would require companies with annual revenue of $1 billion or more to pay their employees at least $15 an hour. Smaller companies would be spared the mandate, but Hawley's plan also would provide tax credits to US citizens who make less than $15 an hour, based on the number of hours worked, essentially closing the wage gap through a government subsidy for small businesses. | Hawley, who was demonized by Democrats for challenging the validity of President Joe Biden's election victory, said Friday that his new legislation would require companies with annual revenue of $1 billion or more to pay their employees at least $15 an hour. Smaller companies would be spared the mandate, but Hawley's plan also would provide tax credits to US citizens who make less than $15 an hour, based on the number of hours worked, essentially closing the wage gap through a government subsidy for small businesses. |
| “For decades, the wages of everyday working Americans have remained stagnant while monopoly corporations have consolidated industry after industry, securing record profits for CEOs and investment bankers,” Hawley said. “Mega-corporations can afford to pay their workers $15 an hour, and it's long past time they do so, but this should not come at the expense of small businesses already struggling to make it.” | “For decades, the wages of everyday working Americans have remained stagnant while monopoly corporations have consolidated industry after industry, securing record profits for CEOs and investment bankers,” Hawley said. “Mega-corporations can afford to pay their workers $15 an hour, and it's long past time they do so, but this should not come at the expense of small businesses already struggling to make it.” |
| Republicans have long resisted hikes in minimum wages, claiming that such mandates cause businesses to fail, operate with leaner crews or shift more work to automation, leading to job losses. Ironically, Hawley's proposal appears to have more in common with the minimum-wage proposals of self-described ‘Democratic socialist’ Bernie Sanders (I-Vermont) than those of Republicans. | Republicans have long resisted hikes in minimum wages, claiming that such mandates cause businesses to fail, operate with leaner crews or shift more work to automation, leading to job losses. Ironically, Hawley's proposal appears to have more in common with the minimum-wage proposals of self-described ‘Democratic socialist’ Bernie Sanders (I-Vermont) than those of Republicans. |
| Sanders is reportedly pressing for Congress to tax large corporations that pay less than $15 an hour. Meanwhile, the compromise pitched earlier this week by moderate Republicans, as proposed by Senators Mitt Romney (R-Utah) and Tom Cotton (R-Arkansas) is to hike the federal minimum wage to $10 an hour, with the increases phased in over four years. Strings would be attached to the Romney-Cotton plan, including a requirement that employers use the government's E-Verify program to ensure that illegal aliens aren't on their payrolls. | Sanders is reportedly pressing for Congress to tax large corporations that pay less than $15 an hour. Meanwhile, the compromise pitched earlier this week by moderate Republicans, as proposed by Senators Mitt Romney (R-Utah) and Tom Cotton (R-Arkansas) is to hike the federal minimum wage to $10 an hour, with the increases phased in over four years. Strings would be attached to the Romney-Cotton plan, including a requirement that employers use the government's E-Verify program to ensure that illegal aliens aren't on their payrolls. |
| Representative Alexandria Ocasio-Cortez (D-New York) called the proposed $10 minimum wage “legislated poverty.” The current minimum is $7.25. | Representative Alexandria Ocasio-Cortez (D-New York) called the proposed $10 minimum wage “legislated poverty.” The current minimum is $7.25. |
| Like this story? Share it with a friend! | Like this story? Share it with a friend! |
| Dear readers and commenters, | |
| We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system. | |
| Sorry for the inconvenience, and looking forward to your future comments, | |
| RT Team. |