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$314 Million to Fight the Russians Before 2020

Senator Rob Portman of Ohio took explained this week why the military contractor General Dynamics needed an extra $314 million: to fight the Russians before 2020. His floor remarks:

“The big news when I was over there was that there was a road march being conducted by the 2nd Calvary Regiment through Central and Eastern […]

Politician Tries To Block Minimum Wage Of Only $4.68 Per Hour In American Samoa

Wouldn’t you pay an extra five or ten cents for a shirt at Target so that garment workers in American Samoa could have a minimum wage increase of fifty cents – to just $4.68 per hour? […]

In Tennessee, Voting For the Bible and Voting Against the Bible

The supporters of HB 0615, a bill before the Tennessee House of Representatives to “designate the Holy Bible as the official state book,” prevailed with 55 “Aye” votes. They are:

Rep. Alexander Rep. Brooks K. Rep. Butt Rep. Byrd Rep. Calfee Rep. Casada Rep. Coley Rep. DeBerry Rep. Doss Rep. Dunlap Rep. Dunn Rep. Durham […]

How Many Members of Congress voting to Repeal Taxes on Mega-Inheritance also support a Minimum Wage Hike?

Number of members of the U.S. House of Representatives who voted for H.R. 1105, a bill to repeal all taxes on the inheritance of mega-estates worth $5.34 million or more: two hundred and forty.

Number of estate tax filings in 2013, the last year for which data is available: ten thousand, one hundred and thirty […]

WalMart and the Minimum Wage Bill

The election of 2014 is scarcely behind us, but according to the Federal Election Commission WalMart’s political action committee has already doled out more than a hundred thousand dollars to candidates in the next congressional election cycle.

Meanwhile, Rep. Elijah Cummings has introduced H.R. 122, the Original Living Wage Act. If passed, H.R. 122 would […]

For Jeb Bush, A Very Different Class Of Kickstarter

The cost of attending a dinner with Jeb Bush tonight is a $25,000 donation. That’s ten thousand dollars more than a minimum wage worker makes in an entire year. […]

In the Last 5 Years, the U.S. Minimum Wage Dropped 75 cents an hour

Over the last five years, the real U.S. minimum wage has dropped 75 cents an hour. This is true even though nominally speaking, from 2009 to 2014 the U.S. minimum wage has remained at $7.25.

The above paragraph may seem paradoxical, but it isn’t. The two statements are resolved by noting the difference between “real […]

On Super Bowl Sunday, Time for a Legislative Gut Check

Number of years that the federal minimum wage has been in decline, accounting for inflation: 6

Number of American workers earning the federal minimum wage or less: 3.3 million

Number of bills before the 114th Congress to raise the federal minimum wage: 1

Number of Congressional cosponsors for legislation to raise the minimum wage: 19

[…]

Football Museum Vs. Minimum Wage – Guess Which Wins In Congress?

Members of the United States Congress are elected to make sure that the government meet the needs of the American people, but some of them have an awfully strange idea of what those needs are. An example of the odd priorities often expressed by members of Congress is H.R. 602, a bill yesterday that will, […]

While Congress Did Nothing, Minimum Wage Fell Another 3 Cents in May 2014

When the U.S. Congress does nothing about the minimum wage, it cuts the minimum wage.

That statement may seem paradoxical, but it isn’t if you keep in mind the difference between nominal wages and real wages. The word “nominal” is just an adjective used to mean “the name of something,” and so a “nominal dollar” […]

Quid Dold Dow

May 2012 — before losing his congressional seat, Republican Bob Dold introduces seven bills that if passed would have directly benefitted the Dow Chemical corporation by eliminating import duties for substances Dow Chemical uses in the United States but produces on the cheap overseas with underpaid third-world workers. The bills, and the chemicals on which […]