Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Minimum Wage - Why Big Business Is Terrified & Completely Wrong
Posted
February 17, 2014
Views
72,483
Likes
1,813
Comments
1,100
Engagement
4.02%
February 17, 2014
72,483
1,813
1,100
4.02%
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7:06Now Playing"Business groups are taking no chances on a possible minimum wage increase despite the promise from House Republicans to oppose it.
With Senate Majority Leader Harry Reid (D-Nev.) poised to have the upper chamber take a vote on a wage hike by the end of the month, K Street groups are spending millions to make sure the legislation never makes it off the Senate floor.
"It's no surprise the minimum wage debate is happening right now," said Scott DeFife, the chief lobbyist for the National Restaurant Association, one of the leading opponents of a wage increase. "This is a cyclical issue that happens every five to seven years, and the fact that we are in an election year gives advocates a platform."
The legislation from Senate Democrats would gradually raise the federal minimum wage from $7.25 to $10.10 over two years."* Ana Kasparian, Cenk Uygur, Ben Mankiewicz (What The Flick?!, and TYT Sports) and Cara Santa Maria (co-host and producer, TakePart Live) break it down on The Young Turks.
*Read more here from Megan R. Wilson / The Hill:
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