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"A $15 federal minimum wage affirms the bedrock idea of fairness in our country: that hard work deserves a decent wage. We will open up opportunities for working families and drive economic growth that lifts up all communities – because our economy works best when it works for everyone, not just the wealthy and privileged few," Pelosi said in a statement Wednesday.
Spokespeople for the White House and Senate Majority Leader Mitch McConnell did not immediately respond to requests to comment on whether the GOP leaders would back the bill.
Legislation - Law - Republicans - Senate - White
The legislation likely will not become law as long as Republicans control the Senate and White House. In 2016, Trump said he would rather leave the issue "to the states." In October, his top economic advisor, Larry Kudlow, called a U.S. wage floor a "terrible idea," saying, "Idaho is different than New York."
The U.S. Chamber of Commerce, which bills itself as the world's largest business organization, has also criticized the $15 per hour federal minimum wage plan. In December, Marc Freedman, vice president of employment policy at the Chamber, said many businesses "do not have the ability to absorb an increase in their labor costs."
Legislation - Debate - Industries - Country - Statement
The legislation rekindles a debate that has raged in various industries around the country. In a statement, Mary Kay Henry, president of the Service Employees International Union, said: "Everyone who works—no matter where they are from or what the color of their skin is—deserves to be paid enough to lead a decent life and provide for their family, and...
(Excerpt) Read more at: CNBC
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