They argue a wage hike will harm small businesses who have already been economically harmed during the ongoing COVID-19 pandemic.
Mandating a $15 minimum wage would put many of them out of business.".
Mandating a $15 minimum wage would put many of them out of business. pic.twitter.com/izQDOGRAH1 — Senator John Thune (@SenJohnThune) February 24, 2021.
A $6 an hour wage in 1978, adjusted to modern inflation rates, would equal $24.07 an hour in 2021.
On Monday, Republican Senators Tom Cotton of Arkansas and Mitt Romney of Utah introduced a $10 national minimum wage plan.
Some progressive Democrats may also be opposed, believing that a minimum wage increase should be more than $15 an hour.
On February 1, Congressional Republicans introduced their own $618 billion economic stimulus bill that completely removed any mention of a minimum wage hike. »