BREAK IN TRANSCRIPT
Mr. TAKANO. Mr. Speaker, I rise today, once again, to call for this body to bring H.R. 1010 to the floor and raise the Federal minimum wage.
My colleagues on the other side of the aisle will falsely claim that this will kill jobs. They misrepresent the findings of a recent CBO report. The important takeaway from that CBO report is that raising the minimum wage to $10.10 an hour will raise the wages of more than 16 million Americans and bring nearly 1 million Americans out of poverty.
In the 1990s, when the Clinton administration raised the minimum wage, the Republicans also argued that doing so would kill jobs, but the exact opposite happened. What we saw following the minimum wage increase in the 1990s was the greatest number of jobs created in a 4-year period.
A rising tide lifts all boats, Mr. Speaker. Let's raise the minimum wage. Let's grow our economy, and let's put people back to work.
BREAK IN TRANSCRIPT