*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).
Breaking with President Donald Trump, outgoing Attorney General William Barr says he sees “no reason” to appoint a special counsel on potential election fraud or the tax investigation into the son of President-elect Joe Biden.
A statue of Confederate Gen. Robert E. Lee that represented Virginia in the U.S. Capitol has been removed. Virginia Gov. Ralph Northam said in a statement that workers removed the statue from the National Statuary Hall Collection early Monday.
Congressional leaders have hashed out a massive, year-end catchall bill that combines $900 billion in COVID-19 aid with a $1.4 trillion omnibus spending bill.
Sen. Angus King (I-Maine) sent a last-minute Christmas request this week to the leaders of six major streaming services on behalf of the American public.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Top negotiators on a must-pass, almost $1 trillion COVID-19 economic relief package are committed to sealing an agreement in hopes of passing the legislation this weekend.
The legislative branch of government is rapidly moving to receive the coronavirus vaccine, with both House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell getting the shot on Friday.
As the second wave of COVID-19 sweeps the U.S., frontline doctors are reliving the worst of the pandemic. Cheddar's Michelle Castillo finds out how doctors are coping.
Outgoing freshman Representative Joe Cunningham (D-S.C. 1st District) capped his farewell speech today with an unorthodox — and prohibited — gesture on the House floor.
Dozens of states filed an anti-trust lawsuit against Google on Thursday, alleging that the search giant has an illegal monopoly over the online search market that hurts consumers and advertisers.
Load More