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minimum wage Media Sentiment
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-0.6:  The Hill

-1.0:  Axios

-1.8:  PBS

-1.9:  Market Watch

-3.0:  Reason





minimum wage Balanced News




With No Votes to Spare, Biden Gets a Win Obama and Clinton Would Have Envied

Politics

The Senate just passed the $1.9 trillion Covid relief bill—one of the biggest emergency spending packages in history, targeted to the poor and the middle class. But despite full Democratic control of Congress and the White House, it came with significant omissions from the wish list of Democratic priorities: no $15 minimum wage, lower jobless benefits, a tighter income limit for the checks. With just 50 senators and no Republicans crossing the line, President Joe Biden and his party had to bow to their most conservative members.
Politico     Mar 07, 2021

Minimum Wage Provisions Fails to Advance

5k 🔥       labour

Progressive Democrats sought to add the provision, which would have raised the wage to $15 an hour by 2025, to the stimulus package.
New York Times     Mar 06, 2021

Did Kyrsten Sinema Bring Cake to the Senate and Vote Against Raising Minimum Wage?

politics

Although the cake offering reminded some people of Marie Antoinette's alleged "Let Them Eat Cake!" remark about her starving subjects, Sinema's cake was unrelated to her vote. It was reportedly for Senate floor staff forced to work through the night reading aloud the COVID-19 relief bill at the request of Wisconsin Republican Ron Johnson.
Snopes     Mar 06, 2021

8 Senate Democrats vote against adding $15 minimum wage amendment to COVID relief

2k 🔥       labour

Eight Democratic senators on Friday voted against Sen. Bernie Sanders' amendment to ignore a ruling by the Senate parliamentarian and add a $15 minimum wage provision to the $1.9 trillion COVID relief package.The state of play: The vote was held open for hours on Friday afternoon —even after every senator had voted —due to a standoff in negotiations over the next amendments that the Senate will take up.Senate Democrats had struck an agreement on an amendment that would shrink supplemental unemployment benefits from $400 per week to $300, while extending the program until September and making $10,200 of the benefits non-taxable.But Sen. Joe Manchin (D-W.Va.) appeared to be undecided as of 2:30 p.m. and was considering voting for a dueling amendment by Sen. Rob Portman (R-Ohio), which would cut the benefit to $300 per week and see it expire in July. In a 50-50 Senate, the moderate Manchin's vote carries a lot more weight.Why it matters: Sanders' $15 minimum wage amendment was virtually guaranteed to fail, as it would have required 60 votes. But the defection of eight Democrats shows that support for hiking the minimum wage to $15 an hour as part of COVID relief may be weaker in the...
Axios     Mar 05, 2021

The Minimum Wage Debate - Let’s Get Fiscal

The debate over a minimum wage increase has been heating up. Here’s a look at the problems with the current wage, why conservatives are so against raising it and what the Congressional Budget Office has found when running the numbers. #DailyShow #TrevorNoah #MinimumWage
Via: The Daily Show with Trevor Noah    [Late Night]       464k 🔥     Mar 05, 2021

What Americans Think About The Minimum Wage And Their Governors

labour

Welcome to Pollapalooza, our weekly polling roundup. And this week, we’re switching up the format a little; let us know your thoughts on it (or any other form you’d like to see Pollapalooza take) by shooting us an email. Raising the minimum wage is popular Democrats got some bad news last week when the Senate […]
FiveThirtyEight     Mar 05, 2021

Sen. John Thune on COVID relief: 'this is a big, wasteful, bloated bill'

7k 🔥       economy and finances

As the U.S. Senate moves toward floor debate on this next round of stimulus, we get the perspective of South Dakota Republican Sen. John Thune. He joins Judy Woodruff to discuss some of the components of the legislation and other debates in Congress, including unemployment insurance, state and local aid, and the federal minimum wage.
PBS     Mar 04, 2021

Why Senators Should Vote Down Biden's Spending Bill

Politics

Due to Senate rules, the $15 minimum wage has been dropped from Democrats' $1.9 trillion COVID relief package, which the upper chamber is expected to tackle this weekend. Yet just because the worst provision of the bill has been spiked doesn't mean the rest of it should pass. The country doesn't need another massive spending blowout, which would be counterproductive to the economic recovery. Senators should vote no.
Real Clear Politics     Mar 04, 2021

AOC’s Terrible Minimum-Wage Argument

labour

The popular progressive talking point about the Scandinavian dream glosses over a few things.
National Review     Mar 03, 2021

How a $15 Federal Minimum Wage Might Affect the Economy

Biden has identified raising the minimum wage as a key goal of his administration, but economists and lawmakers disagree on the potential impact. WSJ asked two economists and a minimum-wage worker what the costs and benefits of a $15 minimum wage might be. Photo: Bill Clark/Congressional Quarterly/Zuma Press
Via: Wall Street Journal    [News]       55k 🔥     Mar 03, 2021

Many Businesses Support a Minimum-Wage Increase—Just Not Biden’s $15-an-Hour Plan

Business

Most businesses across the country are already paying above the federal wage floor of $7.25 an hour, and some business groups support lifting it, though not as much as the $15 level proposed by President Biden.
The Wall Street Journal     Mar 01, 2021

Senate Democrats nix 'Plan B' on minimum wage hike

3k 🔥       Politics

Senate Finance Committee Chairman Ron WydenRonald (Ron) Lee WydenHouse Democrats pass sweeping .9T COVID-19 relief bill with minimum wage hike House set for tight vote on COVID-19 relief package On The Money: Democrats scramble to save minimum wage hike
The Hill     Mar 01, 2021

Outside the Box: Small businesses benefit when wages rise

Business

For nearly a year now, small businesses owners have been struggling to keep their heads above water. As Congress looks for solutions to help the country recover from the COVID-19 crisis, supporting small businesses must be a priority and one of the best ways to do this is by raising the minimum wage to $15 dollars an hour.
Market Watch     Feb 27, 2021

$15 federal minimum wage hike is now the biggest stimulus bill issue. Here's why

Finance

Although the $1.9 trillion COVID-19 relief bill passed the House, the package could wind up a little lighter as a result of a Senate parliamentarian ruling Thursday that an increase to the minimum wage can't be part of the legislation. However, when the legislation reaches the Senate, it'll need to be removed to follow certain rules because of the way the bill is set up to pass.
CNET     Feb 27, 2021

Ensuring the minimum wage keeps up with economic growth would be the best way to help workers and preserve FDR's legacy

labour

It may seem like a lot, but it's not the most important change in the bill. AP Photo/J. Scott ApplewhiteThe US$1.9 trillion pandemic relief bill that the House is expected to soon pass includes a gradual increase in the federal minimum wage to $15 per hour by 2025. While its chances in the Senate appear slim, the proposal has brought national attention to the minimum wage, which has been stuck at $7.25 since 2009. Supporters argue a higher minimum wage would translate into higher incomes for millions of low-wage employees, such as restaurant waiters, retail salespeople and child care workers, and thereby lift a lot of people out of poverty. Opponents claim it would hurt businesses and lead to a lot of job losses. As an economist who studies labor markets and income inequality, I believe both claims exaggerate the impact and miss a key point of what the minimum wage is meant to achieve. The current debate offers a perfect opportunity to restore the wage floor’s original purpose, as laid out by FDR over 70 years ago. Preventing employer abuses The federal minimum wage was first implemented under the Fair Labor Standards Act in 1938 at a very modest 25 cents an hour – about $4.61 to...
The Conversation     Feb 26, 2021

Democrats Can't Use Reconciliation To Pass a $15 Minimum Wage. Here's What They Might Do Next.

1k 🔥       labour

Democrats won't be able to use a shortcut around the Senate's filibuster rules to pass a $15 federal minimum wage with a simple majority—but Sen. Bernie Sanders (I–Vt.) and other progressives aren't giving up on the idea just yet.
Reason     Feb 26, 2021

On a $15 Minimum Wage, Democrats Are Shooting Themselves in the Foot — Again

labour

The Biden administration is indicating it won’t play hardball to raise the minimum wage to $15. But despite significant setbacks, Bernie Sanders and progressive Democrats in Congress like Pramila Jayapal (D-WA) are still pushing for the measure to be included in the current coronavirus relief package. If they succeed, the policy will improve millions of […]
Jacobin     Feb 26, 2021

Senate blocked from adding $15 minimum wage provision to COVID aid package

labour

Parliamentarian Elizabeth MacDonough rejected arguments by Senate Majority Leader Chuck Schumer and Budget Committee Chairman Bernie Sanders that a minimum wage increase conformed to special rules allowing the Senate to pass the COVID-19 spending package with only 51 votes, a source familiar told the Washington Examiner.
Washington Examiner     Feb 26, 2021