When President Joe Biden unveiled a $1.9 trillion stimulus proposal earlier this month, few had been shocked by the plan’s hefty price ticket or sweeping scope.
More putting was Mr. Biden’s inclusion of a measure to greater than double the federal minimum wage to $15.
The transfer, backed by main Democrats, together with left-wing Senator Bernie Sanders, establishes the struggle for greater wages as a prime precedence for the brand new administration, doubtlessly resulting in one among Washington’s boldest changes in U.S. social and labour coverage in a long time.
The destiny of the initiative — which thus far lacks help from Republicans — will assist decide whether or not Mr. Biden delivers on a core pocketbook difficulty as U.S. revenue inequality widens throughout the COVID-19 pandemic.
Mr. Sanders known as the present federal minimum wage of $7.25 an hour a “starvation wage” as he unveiled the proposal for a rise in Congress.