*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).
TikTok's global chief information and security officer, Roland Cloutier, dismisses claims that the app is a security threat and provides user information to China.
Trump administration negotiators are back at the Capitol for last-ditch talks on vital COVID-19 rescue money. Democratic leaders summoned them for another try with the negotiations teetering on the brink of collapse.
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.
New York schools can bring children back to classrooms for the start of the school year, Gov. Andrew Cuomo announced Friday.
Media reports say 26 billboards are going up across Louisville, Kentucky, demanding that the police officers involved in Taylor’s death be arrested and charged. That’s one billboard for every year of the Black woman’s life.
The U.S. is imposing sanctions on pro-China officials in Hong Kong, including the leader of the government, for their alleged roles in squashing freedom in the former British colony.
he nonpartisan Commission on Presidential Debates has rejected a request from the Trump campaign to either add an additional general election debate or move up the calendar for the contests.
The Trump administration has moved to raise application fees for various immigration processes, including asylum. Michelle N. Mendez, director of defending vulnerable programs at CLINIC, calls the move an attack on immigration.
New York’s attorney general is suing the National Rifle Association, seeking to put the powerful gun advocacy organization out of business over allegations that high-ranking executives diverted millions of dollars for personal benefit.
U.S. testing for the coronavirus is dropping even as infections remain high and the death toll rises by more than 1,000 a day.
