Trump Hits Biden on Raising the Minimum Wage

'How are you helping small businesses when you're forcing wages?' asked the president in last night's debate.
Trump Hits Biden on Raising the Minimum Wage
Image credit: Pool | Getty Images

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
1 min read

In last night's debate, President Trump attacked Joe Biden when the former vice president said he would favor raising the minimum wage to $15 an hour.

Related: How Joe Biden's Tax Plan Could Affect Small-Business Owners

“How are you helping small businesses when you’re forcing wages?” Trump asked Biden. “What’s going to happen, and what’s been proven to happen, is when you do that these small businesses fire many of their employees," Trump added.

When debate moderator, Kristen Welker, brought up that Trump has also said that he would consider raising the federal minimum wage to $15 an hour, the president responded: “I would consider it, to an extent,” adding,  “But not to a level that’s going to put all these businesses out of business. It should be a state option.”

Read the entire analysis on Fox News

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. For just $5 per month, get access to premium content, webinars, an ad-free experience, and more! Plus, enjoy a FREE 1-year Entrepreneur magazine subscription.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur