📣 Bernie: This means we can clearly raise the minimum wage to $15 an hour under the rules ...

[Donkees]

The CBO has demonstrated that increasing the minimum wage would have a direct and substantial impact on the federal budget. What that means is that we can clearly raise the minimum wage to $15 an hour under the rules of budget reconciliation.

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[Irish_Dem]

1. If Bernie is correct, this is great news.

[Donkees]

3. Sanders says 'room full of lawyers' is working to make case for $15 minimum wage

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[Donkees]

5. ''I'm proud to be one of the (virtual) "room full of lawyers" working with @BernieSanders ... ''

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[SoonerPride]

2. I still predict it will be negotiated out of the final package.

Unfortunately.

[Irish_Dem]

4. This is what Biden has been saying recently.

[LuvNewcastle]

8. I think there will be a minimum wage hike, but

it will be negotiated down to $10 or maybe $12 an hour, or they might get the $15, but it will be phased in over several years. It's got to go up some, though. It's getting to the point that people are spending all their waking hours at work and still not making ends meet.

[Donkees]

9. The Raise the Wage Act raises by annual increments to $15 by 2025

If enacted at the end of March 2021, the Raise the Wage Act of 2021 (S. 53, as introduced on January 26, 2021) would raise the federal minimum wage, in annual increments, to $15 per hour by June 2025 and then adjust it to increase at the same rate as median hourly wages.

[Fiendish Thingy]

6. Cue Manchin pissing on progress in 3,2,1... nt

[lagomorph777]

7. Well, everybody in WV is wealthy, right? Nobody there relies on minimum wage.

Seems like maybe there's an opportunity to pressure Sen. Manchin on this.

Kamala?

[JT45242]

10. Even a dollar a year over 8 years would be worth passing with BIG CAVEAT

Based on this data https://www.dol.gov/agencies/whd/minimum-wage/history/chart

Looks like historically increases have been phased in over several years. Makes sense as it allows companies to plan and budget.

The last increase that ended in 2009 was about 40% increase over a three year phase in. We are looking at more than 100% increase -- so a longer phase in period could be justified -- whether it is 5, 7 or 8 years it would still be the most substantial increase in minimum wage ever.

I would love it if it could be changed faster but 3 years would appear to the bare minimum and for a change this substantial it would appear that 5 or 7 makes more sense.

The BIG CAVEAT -- there has to be some way to penalize companies that try tp get around this by calling their employees "independent contractors" so that each employee ends up being a company of one. The Ubers, LYFT, etc. crowd that love to deny that they have employees cannot continue to skate on this. Better than penalties would be to eliminate this altogether.

[crickets]

11. K&R for visibility.

[Donkees]

12. Biden believed minimum wage would violate Senate rules - even before Dems litigated this

Psaki says they are “getting a little ahead” of the process over whether minimum wage can get into Senate reconciliation bill. But it was Biden himself who said he believed minimum wage would violate Senate rules - even before Dems litigated this with Senate parliamentarian

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[Donkees]

13. BIG NEWS: $15 minimum wage included in the House reconciliation bill.

BIG NEWS: the Progressive Caucus has secured the inclusion of a $15 minimum wage in the House's pandemic reconciliation package.This has been a leading priority for our caucus and would give 27 million (!) low-wage workers a raise.

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[Donkees]

14. Including $15 min wage in House bill wouldn't undermine its privileged status in Senate

Including a $15 minimum wage in the House reconciliation bill would not undermine its privileged status in the Senate. Low-wage workers can't afford to wait. It's time to end starvation wages in the United States of America. Let's get this done.

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[Donkees]

15. STIMULUS: @SenSchumer says he is working with Senate parliamentarian to get minimum wage done ...

STIMULUS: @SenSchumer says he is working with Senate parliamentarian to get minimum wage done as part of the budget reconciliation package

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