Matthew Yglesias

@mattyglesias ↗

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Last Checked March 20, 2021

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Sat Jan 16 13:33:55 +0000 2021

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Matthew Yglesias @mattyglesias

I have in the past published takes which assert you couldn't do a minimum wage hike in a reconciliation bill. But looking at the Congressional Research Service's outline of the six-point test I am reconsidering that and it looks kosher to me. https://t.co/koyBAMwH6D https://t.co/P4H8fU50ry — PolitiTweet.org

Posted Jan. 16, 2021 Hibernated

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Matthew Yglesias @mattyglesias

@JHWeissmann @EricLevitz If you look at the six point test, I think the minimum wage hike clearly qualifies — it raises revenue and reduces expenditure by increasing market earnings, and I don't see how you can argue that's a merely incidental consequence of the policy. https://t.co/fWDUtKUSN8 — PolitiTweet.org

Posted Jan. 16, 2021 Hibernated

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Matthew Yglesias @mattyglesias

A minimum wage hike raises aggregate market incomes, thus increasing tax revenue and reducing expenditures on social assistance programs, and that is pretty clearly not incidental to the regulatory purpose. — PolitiTweet.org

Posted Jan. 16, 2021 Hibernated