The $15 minimum wage is struck from the Democratic stimulus plan

The $15 minimum wage is struck from the Democratic stimulus plan

2/26/2021 3:36:00 AM

The $15 minimum wage is struck from the Democratic stimulus plan

Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.

Liz Lynch/Getty ImagesThe $15 minimum wage was struck from the Democratic rescue plan, per a Senate Democratic aide familiar with the decision.It means the Democratic package will not have a wage increase included for hourly workers.Sanders has played a critical role shepherding the provision through the reconciliation process.

NASA Updates Launch Date, TV Coverage for Crew-2 Mission Bernie Sanders: How to raise trillions without hiking taxes on working Americans Prince: Five years after his death, his beloved Minneapolis has been in turmoil

Visit the Business section of Insider for more stories.The Senate parliamentarian ruled on Thursday evening that a $15 minimum wage provision cannot stay in the President Joe Biden's $1.9 trillion stimulus package, according to a Senate Democratic aide familiar with the decision.

The parliamentarian, Elizabeth MacDonough, said the provision's effect on the federal budget was"merely incidental," the aide said. That violates the strict guidelines under the reconciliation process that Democrats are employing to approve the legislation in the Senate with a simple majority of 51 votes. headtopics.com

The decision deals a major blow to progressives and Sen. Bernie Sanders, who championed the wage increase as a pay raise to hourly workers. He played a critical role pushing the minimum wage increase through the complex process. Sanders chairs the Senate Budget Committee, which has jurisdiction over the process.

"It's gonna be in reconciliation if I have anything to say about it — it's the only way we're gonna get it passed," he told Insider earlier this month. Read more: Business Insider »

Apple unveils a new iPad Pro, colorful iMacs, AirTag and more

Apple made good on its 'Spring loaded' promise by unveiling a slew of new products at its annual Spring product launch event.

If u cannot pay your employees more than 15/hr you should not be running a business. ALL MY EMPLOYEES EARN $20.00 PER HOUR OR MORE TO START. THIS IS THE PROPER WAY TO PAY YOUR EMPLOYEES AND BUILD YOUR BUSINESS FOR GROWTH. thisisinsider 😥 Pelosi said she is putting it through anyway. This bill is too fluid to report anything at this point.

Hahahahahahhahahahahahhaha Block the bill. Of course...big chains been profiting from the lockdowns. They should pay $15 minimum to start. It's a clumsy move to tryand get that in. We need it but not like that Not delivering on wildly popular policies people elected you to is the quickest way to inflict another Repugnant Party majority on us all two years from now.

InsiderNews The VP can overrule senate parliamentarian and keep it in. It is possible to still be added, although unlikely. this is terrible news