https://www.ntd.com/minimum-wage-ma...to-wipe-out-1-3-million-jobs_553791.htmlPresident-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.
With a price tag of $1.9 trillion, Biden’s stimulus bill would fund a campaign to administer 100 million CCP virus vaccine shots in 100 days, reopen the majority of K-8 public schools, provide $1,400 direct payments to individuals, and extend unemployment benefits beyond the end of March, among other provisions.
https://www.cnbc.com/2021/01/14/biden-stimulus-package-details-checks-unemployment-minimum-wage.htmlHere’s what Biden calls for:
Direct payments of $1,400 to most Americans, bringing the total relief to $2,000, including December’s $600 payments
Increasing the federal, per-week unemployment benefit to $400 and extending it through the end of September
Increasing the federal minimum wage to $15 per hour
Extending the eviction and foreclosure moratoriums until the end of September
$350 billion in state and local government aid
$170 billion for K-12 schools and institutions of higher education
$50 billion toward Covid-19 testing
$20 billion toward a national vaccine program in partnership with states, localities and tribes
Making the Child Tax Credit fully refundable for the year and increasing the credit to $3,000 per child ($3,600 for a child under age 6)
The second bill, expected in February, will tackle the president-elect’s longer-term goals of creating jobs, reforming infrastructure, combating climate change and advancing racial equity.
Senior Biden officials, who have been working on the stimulus plan for weeks, also confirmed that the president-elect still supports $10,000 in student debt forgiveness.
And a bunch of other 💩