President-elect Joe Biden (C), U.S. Senate Democratic candidates Jon Ossoff (L) and Reverend Raphael Warnock welcome supporters in the parking lot of the Centerparc Stadium in Atlanta the day before the election campaign. .
Chip Somodevilla | Getty Images
The $ 15 federal minimum wage came closer after Tuesday’s Georgia election, which is likely to reverse Senate control and unite the government under the Democratic Party.
Such a wage increase is more than double the current federal minimum wage, $ 7.25 per hour, but is likely to face resistance from some Republicans and business groups.
Democratic Rev. Raphael Warnock won the U.S. Senate’s run in Georgia on Tuesday, beating Republican official Senate Kelly Loeffler, according to NBC News forecasts.
Democrat Jon Ossoff led Republican David Perdue, whose Senate seat expired on Sunday, in another race in Georgia that was too close to be called at noon on Wednesday, NBC News writes.
A democratic victory in these races would allow Democrats to control the Senate, the House and the Presidency. Congress is scheduled to confirm President Joe Biden’s victory over President Donald Trump on Wednesday.
“This is an absolute priority,” said Mark Hamrick, a senior economic analyst at Bankrate, about the Democrats passing the law on a higher legal basis.
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Democrats, especially those from the liberal wing of the party, have long called for an increase in the national minimum wage. Vermont Senator Bernie Sanders, an independent Democrat who typically voted, said in a tweet on Tuesday that a $ 15 minimum wage is at stake in the Georgia election.
Proponents of a pay rise argue that the current standard does not provide a livable wage for Americans.
$ 15,080 per year
Its value has deteriorated over time as wages do not rise along with the cost of living.
Warnock and Ossoff are proponents of the $ 15 minimum wage, and this has been emphasized many times in recent months. Biden has promised to raise the wage level to $ 15 an hour. The House voted for this in 2019.
Several states, cities, and counties have recently raised their minimum wages, many to $ 15 or more. According to the National Employment Law Project, forty cities and counties will meet or exceed the $ 15 minimum wage by the end of 2021.
“Over the past 40 years, we’ve seen in America that the wages of working people have been crushed while the return of shareholders has passed over the roof,” – Ossoff said on the campaign path.
Higher wages would disproportionately help black and Spanish workers vis-à-vis groups other than whites and Asians, research shows. In December, Warnock called raising the minimum wage a matter of racial justice.
Wage increases would occur when low-wage earners and racial minorities were disproportionately affected by job losses and poverty during the Covid epidemic.
However, the adoption of such legislation is not given. If both Democrats win in Georgia, the Senate will be split 50-50 between Democrats and Republicans, and Vice President Kamala Harris will be able to cast a tie in favor of the Democrats. This majority would be shy about the threshold for preventing filibuster.
The Republican-controlled Senate did not put the raising law to a vote after the bill passed the House in 2019.
Some business groups, such as the Chamber of Commerce and the National Independent Business Association, have expressed opposition, saying a $ 15 national minimum wage would raise labor costs and lay off employers.
Small businesses that are less likely to have cash reserves or profit margins to absorb higher labor costs will bear the severe effects of these negative effects, he said earlier this year.
Gradually raising the salary to $ 15 by 2025 would raise the salary of 17 million Americans, according to estimates released by the Congressional Budget Office. About 10 million more people earning just over $ 15 could also get a pay boom. However, it is estimated that 1.3 million other workers would lose their jobs.
Momentum seems to be on the side of Democrats on this issue because of overwhelming public support, Hamrick said.
“The economy has been able to bear most of this growth [in 2009]Hamrick said. “Obviously, this year has been challenging for other reasons.” [due to the Great Recession], but no one looks back on 2009 and says, “That was a big political mistake.”