Wednesday, May 12News That Matters

Chuck Schumer Is Taking a look At Penalizing Giant Firms That Do not Pay $15 Minimal Salary

Senate Majority Chief Chuck Schumer is thinking about including a provision to the stimulus invoice that might penalize giant companies who don’t pay a $15/hour minimal salary.

CNN reported:

Instead, Senate Majority Chief Chuck Schumer is now eying implementing consequences for companies providing not up to a $15 minimal salary as a part of the relaxation bundle, which stands as the brand new management’s first giant legislative precedence and the primary likelihood Democrats have to turn they are able to ship on their guarantees now that they keep watch over each chambers of Congress and the White Space.

“Schumer is having a look at including to Senate COVID invoice a brand new provision to penalize massive companies that don’t pay their employees a minimum of a $15 minimal salary,” a senior Democratic aide advised CNN on Friday.

Senate Finance Committee Chairman Sen. Ron Wyden is already working on a minimum wage Plan B. Democrats aren’t going to surrender at the Combat for Fifteen, however even though they may get previous the parliamentarian, there’s the problem of a couple of Senate Democrats who oppose the $15/hour minimal salary.

With somewhat ingenious pondering, there’s a nice deal that Senate Democrats can do to spice up the profits of low-wage employees, and going after giant companies, particularly within the retail sector, who stay income prime by way of protecting wages low is a great commonplace sense first step within the fight to lift the minimal salary.

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