*By Christian Smith*
Congressman Ro Khanna wants to inspire companies to do better by their workers.
"It's absurd that you have multi-billion dollar companies, trillion-dollar companies that aren't able to pay their workers $15," Rep. Khanna said Friday in an interview on Cheddar.
That's why the prominent House progressive, who represents California's Silicon Valley, is teaming up with ex-presidential candidate and Vermont Sen. Bernie Sanders to introduce legislation that would place a tax on large corporations ー money that is equivalent to the amount of federal benefits their low-income employees receive to make a livable wage.
Rep. Khanna's House bill is called the "Corporate Responsibility and Taxpayer Protection Act" and targets large companies across industries, including tech, retail, and fast food, he said.
Sanders was a little more pointed with his version, dubbed the "Stop Bad Employers by Zeroing Out Subsidies Act." That's Stop BEZOS, if you didn't notice.
Rep. Khanna said that Amazon has responded to the Sanders bill, saying the company creates safe working spaces for employees and offers competitive benefits. But the Congressman said the point of benefits is a separate matter.
"They're still not addressing the fundamental point," Khanna said.
"Why can't they just come out and say they're going to pay every employee in our company at least a $15 wage so they can have a livable wage?"
For full interview [click here](https://cheddar.com/videos/congressman-ro-khanna-wants-major-corporations-to-improve-worker-pay-or-pay-more-in-taxes).
Israel and Hamas have announced a cease-fire to end a bruising 11-day war that caused widespread destruction in the Gaza Strip and brought life in much of Israel to a standstill.
President Joe Biden signed legislation Thursday designed to curtail a dramatic rise in hate crimes against Asian Americans and Pacific Islanders.
Anyone who gets vaccinated at select state-run vaccination sites in New York next week will receive a lottery scratch ticket with prizes potentially worth millions, as the state tries to boost slowing vaccination rates.
Amazon says it will extend its ban on police use of its face-recognition technology beyond the one-year pause it announced last year.
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
The U.S. economy’s faster-than-expected reawakening had some Federal Reserve officials discussing whether it might be time to start planning for easing back on one of the central bank’s levers for keeping interest rates low.
The European Union has taken a step toward relaxing travel for visitors from outside the bloc, with EU ambassadors agreeing on measures to make it easier for fully vaccinated visitors to get in.
Congress has passed legislation aimed at combating hate crimes against Asian Americans and Pacific Islanders. It would expedite federal reviews of hate crimes and provide grants to local law enforcement.
NY Gov. Andrew Cuomo has disclosed that he was paid a $3.1 million advance to write his COVID-19 leadership book last year and will make another $2 million on the memoir over the next two years.
President Joe Biden says the U.S. will share an additional 20 million doses of COVID-19 vaccines with the world in the coming six weeks.
Load More