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Foxx on Wage Hike for Federal Contractors

Today, Republican Leader of the Education and Labor Committee Virginia Foxx (R-NC) issued the following statement hitting the Biden administration for publishing a proposed rule to increase the minimum wage to $15 for federal contractors: 

“This proposed rule solidifies Big Labor’s stranglehold over the Biden administration. Disguised as a win for workers, this $15 minimum wage will severely disadvantage small businesses competing for federal contracts because they are poorly positioned to absorb these additional expenses. President Biden does not understand or encourage hard work and entrepreneurship; with this punitive mandate, he is paving the way for increased automation, a reduction in workers’ hours, and additional small business closures. This is yet another Democrat-created obstacle for workers and job creators eager to regain their pre-pandemic prosperity.”
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