August 10, 2023
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11:23Now PlayingPresident Joe Biden is set to restore the old definition of a "prevailing wage," nixed by the the Ronald Regan administration. Ana Kasparian discusses on The Young Turks.
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"President Joe Biden is set to restore a New Deal labor rule in what could be the most significant change to construction worker pay since the rule was gutted in the 1980s.
The Department of Labor is preparing to issue a final rule tomorrow on the Davis-Bacon Act, which sets a wage floor for construction workers on public-works projects. Davis-Bacon is often known as a “prevailing wage,” as it refers to the going rate for laborers in a given area."
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