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LIVE: Pelosi and House Democrats Hold News Conference in Washington, D.C.
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March 2, 2021
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50:13Now Playing(Mar. 2) Watch live as House Speaker Nancy Pelosi and House Democratic leaders hold a press conference in Washington, D.C., on Tuesday, March 2, 2021.
Senate Democrats are jettisoning a proposal to use the tax code to penalize corporations that don’t raise the minimum wage for their lowest-paid workers in an effort to keep President Joe Biden’s broader stimulus plan on track for quick passage, according to two people familiar with the matter.
Dropping the minimum wage increase from the stimulus could create other headaches for both Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi.
In the House, the stimulus legislation with the $15 an hour minimum wage narrowly passed on Saturday by 219 to 212, without any Republican support. Pelosi lost two moderate Democrats on that vote, and she can’t afford many more defections.
Pelosi said Friday she’s “absolutely” confident she could pass a stimulus bill without a minimum-wage provision in it, but that remains to be seen.
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