Biden indicates he’s open to negotiation on $15 minimum wage

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Comments come as attention turns to passing $1.9 trillion relief bill on Capitol Hill

President Biden indicated Tuesday that he’s open to negotiation on his proposal for a $15 minimum wage, a centerpiece of his $1.9 trillion coronavirus relief bill that’s emerged as a flash point as congressional Democrats push the legislation forward.

Biden suggested he could be open to a longer phase-in than the current plan of five years in Democrats’ legislation. He also argued that phasing gradually up to $15 could be beneficial while having less potential impact on business owners.

He made the comments in response to a small-business owner at a town hall hosted by CNN in Milwaukee on Tuesday night. Continue reading.