Tag: minimum

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North Carolina poised to raise minimum marriage age from 14 to 16

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Washington North Carolina is one step away from raising the minimum age at which children in the state can wed from 14 to 16 after lawmakers there approved a measure that would change several key rules around child m...

Biden economic adviser pushes global corporate tax minimum to counteract proposed US increase

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"The idea is to make sure that corporations are paying their fair share, to button up some of the loopholes, which have meant more corporations were actually putting more money offshore – off of U.S. soil – and havin...

Yellen calls for global minimum corporate tax rate in first major address as Treasury secretary

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Washington Treasury Secretary Janet Yellen called for a global minimum corporate tax rate on Monday, a pitch that comes as the Biden administration begins to sell its roughly $ 2 trillion infrastructure and jobs pro...

The first minimum wage and the battle for $15

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Thomas Balcerski teaches history at Eastern Connecticut State University. He is the author of "Bosom Friends: The Intimate World of James Buchanan and William Rufus King" (Oxford University Press). He tweets @tbalcer...

Here’s what hourly workers and small business owners think of a $15 minimum wage

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President Joe Biden, along with other Democrats, have voiced support for an increase in the federal minimum wage from $ 7.25 to $ 15 an hour. But recent attempts -- including a Senate vote on Friday to include a m...

What readers around the world said about raising the minimum wage

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This was excerpted from the March 5 edition of CNN's Meanwhile in America, the daily email about US politics for global readers. Click here to read past editions and subscribe. What's a fair wage for a fair day's wo...

Senate Democrats drop proposal to penalize companies for not providing $15 minimum wage

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Senate Democrats decided Sunday to abandon an alternative proposal to penalize companies for not providing a $ 15 minimum wage to their employees, the latest indication that boosting the federal minimum wage in thi...

Why Democrats should still fight for a $15 minimum wage

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Democrats' quest for a $ 15/hour minimum wage may be over before it even began. The Senate parliamentarian ruled this week that it cannot be passed, as currently constructed, by reconciliation as part of Democrats'...

Senate parliamentarian rules against including minimum wage in Covid relief bill

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The Senate parliamentarian has ruled against including the increase in the minimum wage in the Covid relief bill, an aide familiar with the process and two sources with direct knowledge of the situation tell CNN. Th...

All eyes on Senate parliamentarian Elizabeth MacDonough as she reviews minimum wage provision in Covid relief bill

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A little known but powerful Senate official is being thrust into the spotlight this week as Democrats are eager to see whether an increase to the federal minimum wage will be kept in President Joe Biden's Covid reli...

Sanders says $15 minimum wage not ‘incidental’ to federal budget as its place in Covid relief bill questioned

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Sen. Bernie Sanders argued Saturday that raising the minimum wage to $ 15 an hour isn't "incidental" to the federal budget, despite skepticism from Capitol Hill and the White House of its future in the President's ...

Biden says he doesn’t think $15 minimum wage will survive in his Covid-19 relief proposal

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President Joe Biden conceded that he does not believe he will be able to raise the minimum wage to $ 15 an hour through his $ 1.9 trillion Covid-19 relief proposal due to the Senate's rules. "I put it in, but I do...

Geneva adopts what’s believed to be the highest minimum wage in the world, at $25 an hour

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Voters in Geneva, Switzerland, have agreed to introduce a minimum wage in the canton that is the equivalent of $ 25 an hour -- believed to be the highest in the world. According to government data, 58% of voters i...