New York: When President Biden announced a $1.9 trillion economic stimulus plan earlier this month, few people were surprised by the high price or scope of the plan.
Even more striking is that Biden took a measure to more than double the federal minimum wage to $15.
This move has the support of major Democrats including left-wing Senator Bernie Sanders, making the fight for higher wages a top priority for the new administration, which could lead to Washington for decades Make the boldest adjustments to American society and labor policies.
The fate of this initiative-which has so far lacked Republican support-will help determine whether Biden will solve the core wallet problem amid rising income inequality in the United States during the Covid-19 pandemic.
Sanders, a former presidential candidate, called the current federal minimum wage of $7.25 an hour a “starvation wage” as he unveiled the proposal for an increase in Congress.
The senator said he hopes Republicans “will understand the severity of the crisis,” but added that Democrats should be prepared to enact the policy on a narrow party-line vote.
Such an increase would boost wages for more than 32 million US workers, according to the Economic Policy Institute, a progressive think tank.
The Sanders bill proposes “a significant increase in the minimum wage,” Ben Zipperer, an economist at the institute, told AFP. “Unfortunately, we have quite a big hole to dig out of in terms of providing what low-income workers need.”