*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).
The Treasury Department says 39 million families are set to receive monthly child payments beginning on July 15.
China has landed a spacecraft on Mars for the first time in the latest step forward for its ambitious space program.
Gas shortages have spread from the South, almost exhausting supplies in Washington, DC. The runs on gasoline follow a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.
Cheddar explains why some European countries are building new bicycle superhighways and how it'll transform their transportation landscape.
Two men detained by British immigration officials in Glasgow have been released after a seven-hour standoff between hundreds of protesters and Scottish police.
Republicans have vaulted Rep. Elise Stefanik into the ranks of House leadership. The upstate New York Republican was elected to the party's No. 3 post on Friday.
The CDC is easing indoor mask-wearing guidance for fully vaccinated people, allowing them to safely stop wearing masks inside in most places. The new guidance was announced Thursday at the White House.
The number of Americans seeking unemployment benefits fell last week to 473,000, the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
A worrisome bout of inflation struck the economy in April, with U.S. consumer prices surging 0.8%, the largest monthly jump in in more than a decade and the year-over-year increase reaching its fastest rate since 2008.
Republicans have dumped Rep. Liz Cheney from her House leadership post. The reason: Her persistent repudiation of President Donald Trump’s election falsehoods.
Load More