House Minority Leader Nancy Pelosi dismissed the bonuses and wage hikes announced by businesses in response to the Republican tax-reform bill as mere “crumbs.”
“In terms of the bonus that corporate America receives versus the crumbs they are giving to workers to put the schmooze on is so pathetic. It’s so pathetic,” Pelosi, a Democrat from California, told reporters Thursday.
More than 50 companies have announced employee bonuses and/or wage increases in response to the bill’s tax cuts. On Thursday, the nation’s largest private employer, Walmart announced it was raising its minimum hourly wage and handing out bonuses of up to $1,000.
Pelosi, nevertheless, sees the bill passed in December as a sop to the rich.
“I would hope that with their big advantage of bringing money home at a very low rate that they would invest in infrastructure and things,This post was originally published on this site