The House Democrats have passed a $1.9 trillion American Rescue Plan, proposed by President Joe Biden. The $15 minimum wage rule has not been included in the bill.
Elizabeth MacDonough, the parliamentarian of the US Senate has claimed that the minimum wage clause could not be added to the coronavirus stimulus bill because it didn’t meet the criteria set under the special reconciliation process.
To ratify the bill, 51 votes are required out of the 100 members in the House chamber. The outcome is utterly surprising, as far as the exclusion minimum wage rate clause is concerned.
President Biden has expressed his disappointment over the exclusion of the minimum wage clause from the bill. He wanted to include the minimum wage rule in the stimulus package. Currently, the federal minimum wage rate in the U.S. is $7.25.
The minimum wage in the United States has not been raised since 2009 and the job market is seeking compensation to pay the employees.
A majority of Americans believe that the present minimum wage is not viable in the current economic situation. Many lawmakers believe that the $15 minimum wage rule must apply to large companies only.
The bill proposes a distribution of $1,400 to households with $75,000 earning income per year.
Senator Mitch McConnell has also objected to the legislation, claiming that millions of taxpayers’ money must not be a part of the pandemic recovery plan.
