House Releases Text Of $1.9 Trillion Stimulus – Which Includes $15 Hourly Minimum Wage Hike
House Budget Chair Rep. John Yarmuth (D-KY) has released the nearly 600-page combined text of the $1.9 trillion stimulus package, which includes a federal minimum wage hike that President Biden wouldn’t happen after Sen. Joe Manchin (D-WV) said it was a non-starter.
STIMULUS: House Budget Chair @RepJohnYarmuth releases combined text of $1.9T measure https://t.co/MQlLNIbuOI
— Erik Wasson (@elwasson) February 19, 2021
Under the new bill, the minimum wage will increase to $9.50 an hour as soon as the bill is passed, raising to $11.00 an hour one year later, $12.50 two years later, $14.00 three years later, and $15.00 an hour beginning the fourth year following passage of the legislation.
So the question is – why did Democrats intentionally include the minimum wage hike which they knew would result – at minimum – in a battle which would require rewriting the stimulus package?
Read the entire bill below:
Developing…
Tyler Durden
Fri, 02/19/2021 – 14:23
via ZeroHedge News https://ift.tt/3pAjYRP Tyler Durden