On the recordJune 9, 2016
Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, the bill, as it is currently written, allows the minimum wage for workers 25 years and under to be lowered to abysmal $4.25 for 4 years for as long as the oversight board is in place. It also fails to specify whether this reduction is limited to one 4-year period or if the request can be made over and over again, essentially keeping the lower wage indefinitely. My amendment would strip this provision from the bill. In today's dollars, American workers haven't had a minimum wage this low since the 1940s. The young men and women of Puerto Rico are American citizens, and they don't deserve to be treated like second-class workers. These aren't high school students with summer jobs. They are young people setting off on their careers, many of them struggling to pay off student loan debt and become self-sufficient. Lowering the wage only adds insult to injury and sends the wrong statement about whether we value Puerto Ricans as equal Americans. The island is already experiencing a mass exodus of young people. Lowering wages will only make more young people want to leave, having a detrimental impact on Puerto Rico's current and future workforce, its tax base, and its ability to pay off its debt, ultimately digging them into a deeper hole.…





