Business / Economy / Politics / Markets / Policy / Biden / Minimum Wage / Minimum wage increase / Joe Manchin / Bernie Sanders / Tom Cotton / Mitt Romney / CBO / Stimulus / stimulus plan

Republicans see Democrats' $15 minimum wage increase and counter with $10 instead

Posted On: Mar 8, 2021   |   Posted By: Business Insider

Mitt Romney and Tom Cotton at a news conference in 2014.
Danny Johnston/AP Photo
Republican Sens. Tom Cotton and Mitt Romney propose raising the minimum wage to $10 an hour by 2025.
Biden has proposed a Bernie Sanders-backed $15 wage increase as part of the $1.9 trillion stimulus.
The proposal comes as Biden reportedly doubts whether $15 can pass and a moderate Democrat suggested $11.
Visit the Business section of Insider for more stories .
To counter the Democrats' proposal of raising the minimum wage to $15 an hour by 2025, two Republican senators introduced a bill on Tuesday that maintained the 2025 timeline, but would instead raise the minimum wage to $10 an hour by then. The Raise the Wage Act of 2025 , led by Sen. Bernie Sanders of Vermont, was included in the Democrats' $1.9 trillion stimulus package that passed out of the House Budget Committee on Monday. Republicans oppose the stimulus package as too large in general, but a new bill by Sens. Tom Cotton of Arkansas and Mitt Romney of Utah signals...

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