CBO says $15 wage would have bigger budget impact than GOP tax cut provisions

[jorgevlorgan]

31. The good news is it will likely make it into the reconcilliation bill

given that it is more relevant to the budget than the Republican's tax bill. Tee other good news is that raising the wage will have far more of a greater impact , and the likelihood of people actually being hurt from those job losses is quite limited. There are a couple hundred million folks in the workforce, and they estimate that a couple thousand could lose their jobs, but fail to specify what kind of jobs they are, and whether or not they would likely to have better employment after. So far right now, there are millions of folks working poverty wages who this would help tremendously. So if there is a cost benefit analysis, I would consider these realities.