White House Sees Risk Congress Reshapes Biden Minimum Wage Plan

  • President indicates he’s open to negotiations on wage increase
  • Moderate Democrats oppose keeping $15 wage in Covid-19 Relief
Evercore's Schlosstein Advocates $15 Minimum Wage
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The White House acknowledged that President Joe Biden’s proposed minimum-wage hike may not make it through Congress as he framed it, following objections from key moderate Democrats.

“It’s important, it’s a priority,” for Biden, White House Press Secretary Jen Psaki said at a briefing Wednesday of the president’s proposed phase-in of a $15 an hour minimum wage. Even so, Biden recognizes that the economic rescue bill that includes the wage increase “may not look exactly the same on the other end when it comes out” of Congress, she said.