Minimum Wage Mandate in Biden's Pandemic Relief Plan Estimated to Wipe Out 1.3 Million Jobs
Minimum Wage Mandate in Biden’s Pandemic Relief Plan Estimated to Wipe Out 1.3 Million Jobs President-elect Joe Biden’s plan for pandemic relief contains a $15 minimum wage mandate which Congress has estimated would lead to the loss of 1.3 million jobs. Biden introduced the minimum wage provision in a speech laying out his priorities for a tax-payer funded stimulus package to tackle the damage wreaked on the economy by the CCP (Chinese Communist Party) virus, commonly known as the novel coronavirus. According to a July 2019 estimate by the Congressional Budget Office, raising the federal...
Source: theepochtimes.com