Senator Sanders, Representative Khanna introduce Stop WALMART Act
Sen. Bernie Sanders and Rep. Ro Khanna launched a campaign to raise wages at Walmart and other large, profitable corporations that pay poverty-level wages. Sanders and Khanna's legislation, The Stop WALMART Act, would prohibit large employers from buying back stock unless they: Pay all employees at least $15 an hour, including part-time employees, independent contractors, and franchisee employees; Allow employees to earn up to 7 days of paid sick leave to be used to care for themselves or a family member; and ensure that CEO compensation is not more than 150 times the median pay of all employees. The CEO of Walmart currently makes 1,188 times as much as the median worker. "While tens of thousands of Walmart workers are struggling to survive, Alice Walton had no problem amassing a private art collection worth half a billion dollars," Sanders said. "Enough is enough. The time is long overdue for the Walton family to pay its workers a living wage If large, profitable corporations like Amazon and Disney can pay all of their workers a minimum wage of at least $15 an hour, so can Walmart."