Connect with us

Hi, what are you looking for?

Business

Marco Rubio Brings Back Proposal for Federal Wage Subsidy for Puerto Rico

This week, U.S. Sen. Marco Rubio, R-Fla., brought back the “Economic Mobility for Productive Livelihoods and Expanding Opportunity Act” (EMPLEO Act) which he says will offer a pay raise for Puerto Rico residents

Share Story Via Text, E-Mail, Facebook or Twitter
This week, U.S. Sen. Marco Rubio, R-Fla., brought back the “Economic Mobility for Productive Livelihoods and Expanding Opportunity Act” (EMPLEO Act) which he says will offer a pay raise for Puerto Rico residents

This week, U.S. Sen. Marco Rubio, R-Fla., brought back the “Economic Mobility for Productive Livelihoods and Expanding Opportunity Act” (EMPLEO Act) which he says will offer a pay raise for Puerto Rico residents

“Rubio’s EMPLEO Act would establish an opt-in system by which participating employers disburse pay raises from federal contributions to all employees earning below the median hourly wage in Puerto Rico. Any worker earning less than $10 per hour would receive a raise, up to a maximum of $2.50 per hour. Employers that choose to participate in the program may reduce their share of a worker’s wage to a minimum of $5 per hour, thus reducing the cost of hiring new workers,” Rubio’s office noted about the proposal.

Rubio weighed in on his legislation on Thursday.

“I’m proud to reintroduce this legislation, which will help Puerto Rico’s working class as they continue fighting to make ends meet,” Rubio said. “My legislation would expand the workforce, increase opportunity, and ensure that Puerto Ricans are able to earn a wage that will build communities through dignified work. I remain firm in my commitment to ensuring economic conditions for our fellow Americans continue to improve.”

See also  Rubio Tells Biden Admin to Secure U.S. Chip Tech from China

The bill was sent to the U.S. Senate Finance Committee on Thursday. So far, there are no co-sponsors in the Senate and no companion measure in the U.S. House.

 

Reach Kevin Derby at kevin.derby@floridadaily.com.

 

Author

  • Kevin Derby

    Originally from Jacksonville, Kevin Derby is a contributing writer for Florida Daily and covers politics across Florida.

    View all posts

Share Story Via Text, E-Mail, Facebook or Twitter

Follow Us on Social Media

Related Stories

Foreign Affairs

Florida’s Senior U.S. Senator Marco Rubio (R), Vice Chair of the Senate Select Committee on Intelligence, demands the Biden administration to guard domestic chip technology...

Business

Florida Senator Marco Rubio (R) recently contacted executives at John Deere, highlighting the need for patriotic companies to prioritize American workers and their families. Deere...

Foreign Affairs

Florida Senator Marco Rubio (R), who serves as Vice Chairman of the Senate Select Committee on Intelligence, joined Lindsey Graham (R-SC), Ranking Member of...

Healthcare

Florida Senator Rick Scott (R) joined fellow Florida Senator Marco Rubio (R, Senator Jerry Moran (R-Kan.) and 17 of their colleagues in urging Department...

Florida Politics

In response to former President Donald Trump being found guilty on all 34 counts during his hush money trial in New York, Florida leaders...

Immigration

With the 2024 Presidential Election less than six months away, a recent poll shows that most Americans (52%) prefer a candidate who supports mass...

Senator Rick Scott

Florida Senator Rick Scott was joined by fellow Florida Republican Senator Marco Rubio and Alaska’s Senators Lisa Murkowski (R), and Dan Sullivan (R), to...

Healthcare

The Veterans Affairs Community Care Program (VCCP) provides health care for veterans in need outside of VA facilities. A recent report exposed flaws in the Veterans...