Connect with us

Hi, what are you looking for?

National News

Democrats Shelve Minimum Wage Tax to Speed Work on Stimulus

By Steven T. Dennis and Erik Wasson

Bloomberg

Senate Democrats are jettisoning a proposal to use the tax code to penalize corporations that don’t raise the minimum wage for their lowest-paid workers in an effort to keep President Joe Biden’s broader stimulus plan on track for quick passage, according to two people familiar with the matter.

Democrats were left seeking alternatives after the Senate parliamentarian ruled Thursday that raising the federal minimum wage to $15 an hour as part of the $1.9 trillion pandemic relief legislation failed to qualify under fast-track budget rules that Democrats are using to pass the stimulus without Republican support.

Click the link below to read the rest of this story.

https://www.bloomberg.com/news/articles/2021-03-01/democrats-shelve-minimum-wage-tax-plan-to-speed-work-on-stimulus

Click here to get more news from the Bulldog

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...

Health

Letter from St. E doctors and other healthcare professionals expresses strong opposition to mandate Deters law has received a copy of a letter from...

Business

Watch: Video of walkout at GE Evendale plant in Cincinnati, courtesy of Bulldog Media HANNAH BLEAU Breitbart Dozens of General Electric (GE) employees walked...

Health

Deters Law has issued the following release regarding a lawsuit filed against major healthcare systems in the Greater Cincinnati Region. The lawsuit addresses the...