Hearing on Biden’s Labor Nominee

The US Senate confirmation hearing on Secretary of Labor nominee Mayor Marty Walsh was held yesterday by the Senate Committee on Health, Education, Labor & Pensions. There did not appear to be any significant issues with Mayor Walsh’s nomination and in the wake of that hearing, one can anticipate that Mayor Walsh will be confirmed…

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House Bill Would Double Federal Minimum Wage

Democratic representatives in Congress made good on promises to file legislation increasing the federal minimum wage this week with The Raise the Wage Act of 2021 being officially filed. As we know there was much talk during the campaign on the democratic side – from President Biden as well as several reps and senators –…

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Looking Forward: The Biden Plan for Small Business

Proceeding under the assumption that current presidential election results will not change significantly enough to alter the outcome announced to date, it may behoove us to take a closer look prospectively at a Biden Presidency. In that vein, we could expect one of the first actions in a Biden Presidency would be to rescind a…

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New Impetus for $15/hour Minimum Wage

With former New York City Mayor Michael Bloomberg participating in the Democratic Presidential debate in Nevada this week, his position on issues the democrats have been debating may provide more impetus for their consideration. As a case in point, let’s look at the question of increasing the federal minimum wage (currently $7.25/hour) to $15/hour. Although…

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Federal Wage and Paid Leave Musings

Both branches of the US Congress were delving into worker benefit mandates this week with a bi-partisan proposal to create a federal paid family leave mandate and a declaration by one of the “squad” calling for a $20/hour federal minimum wage. First, let’s talk about the realistic suggestion. Louisiana republican Senator Bill Cassidy joined with…

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CFA Lobby Day Leads To Wage Increase Fairness Bill

At the recent CFA Lobby Day Forum (held in May) in Washington DC, Representative Scott Peters (D-CA) joined the CFA Board as its guest speaker for the CFA Directors dinner. Having the Congressman join us gave the Board the opportunity to speak candidly with him and in greater detail about an array of issues that…

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House Planning July Vote on $15 Minimum

By the end of next week, the US House will likely be recessing for the July 4th holiday and when it reconvenes thereafter, House democratic leaders anticipate bringing the “Raise The Wage Act” up for a formal floor vote. The legislation, filed by Education & Labor Committee Chairman Representative Scott (D-VA), would raise the current…

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An Expensive Minimum Wage

The push to increase minimum wages – at the federal as well as local and state levels – has always begged the question as to the cost in economic terms of mandating increases. Well, it appears that the Congressional Budget Office has answered the question – $48 billion per year – at least as relates…

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Minimum Wage by Region?

It ain’t perfect, but it’s an acknowledgement that economic conditions – and costs of living – differ across the country depending on the region one may be working in. Representative Terri Sewell of the Alabama 7th Congressional District has proposed a federal regional minimum wage that may be gaining some traction in the democrat-controlled US…

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House Committee Advances $15 Federal Minimum

To nobody’s surprise, the House Education and Labor Committee voted 28-20 along party lines to advance a Democratic bill more than doubling the current federal minimum wage to $15 an hour. The committee’s Democratic majority also voted in lockstep to kill 7 different Republican amendments before sending the bill out to the House floor. The…

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