Senator Bernie Sanders extends an olive branch to President-elect Trump, proposing collaboration on raising the federal minimum wage from its long-standing $7.25 per hour.
At a Glance
- Bernie Sanders hopes to work with Trump to raise the federal minimum wage
- Current federal minimum wage of $7.25 hasn’t increased since 2009
- Sanders proposes raising the minimum wage to $17 per hour
- Trump acknowledges minimum wage is too low but cites complications in raising it
- Potential for bipartisan cooperation on economic policies
Sanders Reaches Across the Aisle
In a surprising move, Senator Bernie Sanders has expressed his willingness to work with President-elect Donald Trump to address the long-stagnant federal minimum wage. During an interview on NBC News’s “Meet the Press” with host Kristen Welker, Sanders highlighted the urgent need for wage reform, describing the current $7.25 per hour minimum as “absolutely disgraceful.”
Sanders, known for his progressive stance on economic issues, has long been an advocate for raising the minimum wage. His previous attempt to increase it to $15 an hour failed to garner Republican support, resulting in only 42 votes. Now, the Vermont senator is proposing a more ambitious target of $17 per hour, hoping that a bipartisan approach with the Trump administration might yield better results.
The independent senator said on Sunday that he hopes to work with the president-elect on raising the federal minimum wage. https://t.co/SRsjzlCs0a
— Newsweek (@Newsweek) December 15, 2024
The Minimum Wage Dilemma
The federal minimum wage has remained unchanged at $7.25 per hour since 2009, despite rising living costs across the nation. Sanders argues that this wage level is insufficient for workers to afford basic necessities, labeling it a “disgrace” and “starvation wages.” While some states have implemented higher minimum wages, many workers still rely on the federal standard.
President-elect Trump has acknowledged that the current minimum wage is too low. However, he has also noted the complexities involved in raising it, particularly due to varying costs of living across different states. This nuanced stance suggests potential room for negotiation and compromise between the two political figures.
Bernie Sanders says he hopes to work with Trump to raise minimum wage https://t.co/Fl4m5UQUWQ
— The Hill (@thehill) December 15, 2024
Potential for Bipartisan Economic Reforms
The possibility of collaboration between Sanders and Trump on minimum wage reform highlights a rare opportunity for bipartisan action on economic issues. Both politicians have shown interest in policies aimed at supporting working-class Americans, albeit through different approaches.
For instance, Trump has suggested capping credit card interest rates at 10 percent during his campaign. Similarly, Sanders, along with Representative Alexandria Ocasio-Cortez, introduced the Loan Shark Prevention Act, which proposes a 15 percent cap on consumer credit interest rates. These parallel initiatives suggest some common ground on economic policies that could benefit American workers.
As the nation grapples with economic challenges and income inequality, the potential for cooperation between progressive and conservative leaders on wage reform could signal a significant shift in addressing these issues. Whether this proposed collaboration will lead to concrete action remains to be seen, but it offers a glimmer of hope for those advocating for a higher federal minimum wage.
Sources:
- Sanders says he hopes to work with Trump to raise minimum wage
- ‘I surely hope’ to work with Trump to raise the minimum wage, Sen. Bernie Sanders says
- Sanders says he hopes to work with Trump to raise minimum wage
- Bernie Sanders Hopes to Work With Donald Trump on Key Issue