Home > news > Press Releases

Press Releases



Democrats Threaten Nearly 4 Million Jobs, Many of Them Women, with Minimum Wage Mandate

f t # e
Washington, July 18, 2019 | comments

Washington, D.C. - Today, Congressman Kevin Brady released the following statement after voting against H.R. 582, the Raise the Wage Act, which passed the House of Representatives 231-199:

“The Democrat minimum wage mandate threatens the jobs of nearly four million American workers – many of whom are minorities, women, and those without high school diplomas.

“Thanks to Republican-led tax reform, the economy is booming in ways we haven’t seen in decades. This mandate will stop our growing economy in its tracks – undoing the positive impacts of these policies and forcing businesses to cut hours, raise prices, and ultimately eliminate jobs. By advancing this bill, Democrats are ignoring common-sense economics and jeopardizing the jobs of millions of vulnerable American workers.” 

Background: The nonpartisan Congressional Budget Office reported that H.R. 582 would:

  • Erase 3.7 million jobs.
  • Cause a loss of $53 billion in real income for small businesses and workers.
  • Cut family income for four out of 10 minimum wage workers.

Additionally, the National Federation of Independent Business reported that H.R. 582 would result in: 

  •  A $2 trillion reduction in economic output.
  •  A $980 billion reduction in real GDP.
  •  A $103 billion reduction in personal disposable income. 
f t # e