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Job Creators Network President Alfredo Ortiz said during a press conference on Wednesday that they have “grave concern” over Sen. Bernie Sanders (I-VT) bill to establish a $15 per hour minimum wage, suggesting that it would crush small businesses and cut entry-level jobs for many Americans.
Sen. Sanders, along with Rep. Bobby Scott (D-VA), introduced the Raise the Wage Act, which would raise the federal minimum wage to $15 per hour by 2024 and index the minimum wage to median wage growth.
Sanders - Statement - Wednesday
Sanders said in a statement on Wednesday:
Just a few short years ago, we were told that raising the minimum wage to $15 an hour was ‘radical.’ But a grassroots movement of millions of workers throughout this country refused to take ‘no’ for an answer. It is not a radical idea to say a job should lift you out of poverty, not keep you in it. The current $7.25 an hour federal minimum wage is a starvation wage. It must be increased to a living wage of $15 an hour.
Senate - Version - Backing - Democrat - Senators
The Senate version has the backing of 31 Democrat senators, while the House version has 181 lawmakers co-sponsoring the bill, including House Speaker Nancy Pelosi (D-CA).
Ortiz said that he and his organization have “grave concern” over what Sander’s bill will do to small businesses.
Job - Creators - Network - Executive - Workers
The Job Creators Network executive said that most hourly workers already make more than the minimum wage, making Sanders’ legislation unnecessary.
If you look at hourly wages as a...
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