Name: GOP senators Mitt Romney and Tom Cotton unveil $10 minimum wage hike proposal
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GOP senators Mitt Romney and Tom Cotton unveil $10 minimum wage hike proposal

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Photo: Michael Reynolds-Pool/Getty ImagesSens. Tom Cotton (R-Ark.) and Mitt Romney (R-Utah) on Tuesday unveiled the details of their to raise the minimum wage to $10 an hour by 2025. Why it matters: The Republican proposal comes as Congressional Democrats are pushing for a bill, backed by President Joe Biden and included in the broader $1.9 trillion stimulus package, that would increase the federal minimum wage to $15 an hour by 2025. Details: In addition to gradually increasing the federal minimum wage and youth minimum wage each year after the "COVID-19 emergency," Romney and Cotton's proposal would mandate E-Verify for all employers to ensure the rising wages go to "legally authorized workers."Driving the news: The Senate parliamentarian will decide as early Tuesday whether the Democrats’ minimum wage measure can be included in the relief package and voted on through a budget reconciliation process, which means it will only need a simple majority to pass.Be smart: Democrats have long pushed for an incremental minimum wage hike to $15 an hour, but the president has said that he doesn’t expect the provision to survive negotiations — especially after came out against including the measure in the massive relief package.By the numbers: The federal minimum wage has been $7.25 per hour since 2009, which amounts to about $15,000 per year at 40-hour weeks. Bipartisanship - at least over President Biden’s $1.9 trillion stimulus plan — appears over, with House Democrats ready to approve the measure this week through a party-line vote.Between the lines: The GOP, which is already whipping against the bill, plans to cast it as a progressive wishlist and argue Democrats are bulldozing Republicans despite Biden's pledge to work with them.Home Depot has been a proxy for the white-hot housing market.What's going on: The company rode the coattails of the pandemic building boom — and just gave us a hint that it hasn't slowed down.The told states on Monday that they must resume standardized testing of students this spring after it was suspended a year ago because of the coronavirus pandemic.Why it matters: The decision to resume testing means schools will have to find a way to tests to tens of millions of students, many of whom are still learning remotely, according to .

Photo: Michael Reynolds-Pool/Getty ImagesSens. Tom Cotton (R-Ark.) and Mitt Romney (R-Utah) on Tuesday unveiled the details of their to raise the minimum wage to $10 an hour by 2025. Why it matters: The Republican proposal comes as Congressional Democrats are pushing for a bill, backed by President Joe Biden and included in the broader $1.9 trillion stimulus package, that would increase the federal minimum wage to $15 an hour by 2025. Details: In addition to gradually increasing the federal minimum wage and youth minimum wage each year after the "COVID-19 emergency," Romney and Cotton's...

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GOP senators Mitt Romney and Tom Cotton unveil $10 minimum wage hike proposal

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