President Joe Biden wants to “build back better” — by destroying millions of jobs with a number of economy-killing initiatives.
White House Press Secretary Jen Psaki confirmed on Monday that Biden’s latest foray into economic reconstruction will come in the form of a federal $15-dollar minimum wage requirement, despite warnings from the Congressional Budget Office that the move would likely cost 1.4 million jobs.
One of Biden’s day-one actions was to cancel the Keystone XL pipeline project, immediately eliminating thousands of American jobs within hours of entering the White House.
Now, Biden has his sights set on a much larger reform. Psaki confirmed that Biden is “firmly committed” to pushing a minimum wage order into his coronavirus relief package currently being considered by the Senate.
Biden’s plan would give employers nationwide just four years to get their employees up to $15 an hour — regardless of the current minimum wage in their particular area.
The Congressional Budget Office warned that the plan could eliminate up to 1.4 million jobs nationwide but could also raise 900,000 Americans above the poverty line. Leftist lawmakers are pushing hard for the minimum wage hike, but moderate Democrats have balked.
In response to a reporter’s question about Biden’s view of the bombshell report, Psaki replied that Biden “remains firmly committed to raising the minimum wage to $15,” but allowed that the office’s official presentation of its analysis could influence Biden’s viewpoint on the matter.
The Senate approved a preliminary version of Biden’s coronavirus relief plan that excluded the minimum wage clause — inciting the fury of leftist leaders such as Sen. Bernie Sanders (I-VT) and Rep. Ilhan Omar (D-MN), who are pressuring legislators to reconsider.