March 18, 2021

In 1998, Biden Appointee Thought A 40% Wage Hike was “Too Aggressive”

Last week, the Washington Post reported President Biden has selected former campaign advisor Gene Sperling to oversee the administration of the recently-passed stimulus package. Notably absent from the plan is a $15 federal minimum wage, since it was ruled not incidental to the budget, and failed to gain 60…
March 12, 2021

“New Minimum Wage” Economists Prioritize Politics Over Evidence of Consequences

While the immediate fight to raise the minimum wage to $15 under reconciliation has subsided, activists are beginning to look toward a future standalone $15 federal wage bill. Proponents, including politicians, consistently claim that raising the minimum wage will have no costs, only benefits. President Biden repeatedly claimed…
March 4, 2021

‘$15’ is Not a Historically-Grounded Target for the Minimum Wage

Nowhere in the history of the Fair Labor Standards Act is there any inflation-adjusted precedent for a $15 minimum wage today. The nonpartisan Congressional Budget Office reported that this wage target would cost up to 2.7 million jobs. In a 2019…
News February 26, 2021

Wyden/Sanders proposal is Dems’ latest idea to kill jobs

Faced with a stinging defeat on minimum wage from the Senate Parliamentarian, Democrats are eager to find another avenue to kill jobs while deceptively screwing smaller businesses. The so-called “Plan B” from Sen. Wyden is described this way: My plan would impose a 5 percent penalty on a big corporations’…
February 25, 2021

Pres. Biden’s “Relief” Plan Will Cause Up to 2.7 Million Job Losses

On Thursday, the Employment Policies Institute (EPI) ran a full-page ad in the Washington, DC edition of the Wall Street Journal, condemning President Biden and Sen. Bernie Sanders’ $15 minimum wage hike as part of a coronavirus “relief” package. The ad was released ahead of Sanders’  Senate Budget Committee…
February 19, 2021

Permanent Minimum Wage Mandates Will Harm Small Biz, Despite Temporary Tax Relief

President Biden and Senate Democratic leadership continue to grapple over whether a standalone minimum wage bill can be passed as part of a budget resolution package for Covid relief. Proponents of the Raise the Wage Act, championed by Sen. Bernie Sanders, continue to press on, offering additional arguments to get…
February 12, 2021

CBO Analysis Find $15 Wage Would Kill 1.4M Jobs, Punish Young and Less-Educated

This week, the Congressional Budget Office released a report detailing the impacts of enacting Democrats’ $15 minimum wage proposal. The report reveals the devastating impacts of enacting this wage hike: the CBO’s average estimate predicts the nation would lose 1.4 million jobs as a result, but losses could reach…
February 4, 2021

Historically, Minimum Wage Hikes Don’t Save Taxpayer Money

Fight for $15 advocates have recently turned to arguments that raising the minimum wage reduces reliance on means-tested welfare programs, and therefore reduces government spending. However, past minimum wage hikes demonstrate that there is no evidence to suggest this is true. Summarized in the…
January 28, 2021

What’s the Word on the $15 Wage Proposal?

Since the official introduction of the House’s Raise the Wage Act of 2021, there has been a flurry of activity surrounding the process to enact a federal $15 minimum wage mandate, and which lawmakers really endorse taking immediate action. Lawmakers on both sides of the aisle have voiced skepticism about…
January 22, 2021

Don’t Call it Relief: Small Businesses, Restaurants will Be Negatively Impacted by $15

Concerns have mounted over Biden’s announcement of his plan to push through a national minimum wage increase to $15 and scrap the tip credit, considering the plight of small businesses, particularly restaurants and bars, due to the pandemic. Yet, raising the national minimum wage seems to be…