Statement from Speaker Rendon on Minimum Wage
Speaker Rendon announces support for $15 minimum wage plan.
SACRAMENTO—Assembly Speaker Anthony Rendon (D-Paramount) released the following statement regarding the minimum wage deal:
"Raising the minimum wage to $15 is a hugely important issue for Assembly Democrats. As Speaker, I want to make sure everyone in our caucus has a chance to weigh in on the proposed agreement.
"For my part, I see a lot of good in the deal. It brings families out of poverty, helps minimum wage workers spend more in their local economies, and it's sensitive to the needs of business and the state budget.
"If we can come together behind this compromise, it will address the need to move to a $15 minimum wage while eliminating the chance that costly or competing campaigns could mean that no increase initiative passes."
Below are audio links from Speaker Rendon:
Speaker Rendon says he supports the minimum wage agreement. (:15)
Speaker Rendon says a "significant number" of Assembly Democrats are supportive of the minimum wage agreement. (:06)
Speaker Rendon says he would have preferred a faster track to $15/hour but says the deal reached over the weekend is a good compromise. (:18)
Speaker Rendon says the minimum wage increase should not have a dramatic effect on the cost of goods and services. (:12)