House Democrats Propose $15 Billion in Relief Funding for Airlines

preview_player
Показать описание
House Democrats on Monday released the first draft text for key pieces of legislation that will comprise President Joe Biden’s Covid-19 relief bill.

The legislative language released by the Education and Labor Committee and Committee on Financial Services shows Democrats are forging ahead with plans to increase the federal minimum wage to $15 an hour by 2025, and have earmarked $15 billion for airline-worker payroll assistance. The Transport panel detailed further billions for airports and trains.

In all, 12 committees are meeting in the coming days to assemble the stimulus bill for a House floor vote during the week of Feb. 22. Once the bill goes to the Senate, it is designed to be passed with just 50 members plus the tie-breaking vote of Vice President Kamala Harris using a special budget fast-track procedure.

Education and Labor Chair Bobby Scott’s draft bill includes Biden’s minimum-wage proposal, which also phases out the lower wage for tipped workers. The committee, set to meet Tuesday to hold votes on the bill, estimates that 27 million workers would see a pay increase under the provision by 2025, if it passed.

Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.

Connect with us on…
Рекомендации по теме
Комментарии
Автор

Why do the Airlines CONTINUALLY GET GAILED OUT???

cindaanderson
Автор

Am I supposed to feel sorry for billion dollar airline corporations! I’ll pass 😒

guesswho
Автор

Keep voting Democrat. That will help 🤣🤣🤣

CaptTeamwork
Автор

But, we the people, can't get 600 f**king dollars...

dw
Автор

Well that's just what we can afford!!!! Good job cornpop

mud
Автор

they need to lower this woman's teleprompter

rumfordc
Автор

Shameless, I haven’t even gotten the first stimulus check. And I never will. Yet there are others that actually need that. Billion dollar corporations do not need anything

Claire_H
Автор

Airlines do no deserve a bailout more than our small businesses.

reallyrowdyred
Автор

Maybe charge more than $20 for a round trip flight from Houston to Denver. I’m going to Miami this weekend for $35 round trip. How the hell do they make any money?

MrPland
Автор

Wow 15 billion for airlines but they couldn’t send us $2000. They had to cut it to $1400. Ery sad!

tonilofthouse
Автор

That amount can change many lives. What a shame

awakenedhelper
Автор

You keep this bs updated with your family is the most important 💯👌👏🙄😒😤💯👍

jesseskyeightch
Автор

Another bailout for huge corporations and with our tax dollars? Meanwhile we can't get a fkn minimum wage raise from 7.25 an hour? What's wrong with this picture?

deadreckoning
Автор

Let’s flip the bill for yet another failing business! 🖕

kennethg
Автор

Who's dumb enough to fly at a time like this?

ezduzit
Автор

He'll No! Airlines making billions. That's a handout for their Pockets That's called Greed!

moniquelove
Автор

The government benefits from the airline industry so this is typical.

mountopia
Автор

Print up more money? Borrow from China? or sign some more EO"S no need for pesky legislation when you have a Pen and a Phone!

vickisotomayorleroy
Автор

They will help everyone but legal American citizens.

himonwillard
Автор

No way. Let them shut down like most other businesses.

GODolution