Senator Josh Hawley (R-MO) announced legislation on Friday morning that would require companies that make over $1 billion in revenue per year to pay their employees a $15 minimum wage, less than 24 hours after Senator Bernie Sanders (I-VT) said that he would develop his own plan to enact a $15 minimum wage at large companies.
“For decades, the wages of everyday, working Americans have remained stagnant while monopoly corporations have consolidated industry after industry, securing record profits for CEOs and investment bankers,” said Hawley on Friday. “Mega-corporations can afford to pay their workers $15 an hour, and it’s long past time they do so, but this should not come at the expense of small businesses already struggling to make it.”
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