CBO score shows Democrats’ wage bill will kill jobs
JASPER, IN — A new cost estimate from the nonpartisan Congressional Budget Office (CBO) shows that Congressional Democrats’ new reconciliation bill will kill jobs and result in billions of dollars of unfunded mandates on employers.
Senators Braun, Burr, and Portman previously asked CBO to estimate the impact that wage mandates will have for the country. CBO’s February 8 analysis of the Raise the Wage Act, which was included in the budget reconciliation bill approved by House Education and...