On the recordApril 29, 2014
Madam President, we are now debating legislation that will be up for a vote tomorrow. It will be a cloture vote on bringing a minimum wage increase bill to the floor. Let's be clear about this. It is a cloture vote. This means it is going to take 60 votes, and that will happen tomorrow. I assume most of the day we will be discussing that. I hope so. I know others have come to the floor previously to discuss this. As the chairman of the committee and as the chief sponsor of this bill, I intend to be back on the floor later today to respond to some of the allegations made by Senators on the other side of the aisle regarding this bill and minimum wage as a concept, but I wish to take a few minutes to sort of set the stage for this legislation and what it is going to mean for our economy and for working Americans. What I would say at the outset is that the minimum wage bill is about a lot of things: It is going to give an economic boost. It will increase the GDP of our country. It will do a lot of good economically for our society, but basically it is about economic fairness. It is about what kind of society we want America to be. Keep in mind, the Fair Labor Standards Act which set the minimum wage was passed at the end of the Depression, 1939, when we were still in the Depression, and it was immediately to give a raise in wages to hard-working Americans. That is what it did.…





