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WATCH: Costco CEO Shuts Down Lindsey Graham’s Minimum Wage Claims

One of Joe Biden’s early goals is to raise the minimum wage in the country to $15. The movement from $7.25 to $15.00 would occur over the course of 5 years.

WASHINGTON, DC – OCTOBER 15: Chairman Sen. Lindsey Graham (R-SC) attends the fourth day of confirmation hearings for Supreme Court nominee Judge Amy Coney Barrett on Capitol Hill on October 15, 2020 in Washington, DC. Barrett was nominated by President Donald Trump to fill the vacancy left by Justice Ruth Bader Ginsburg who passed away in September. (Photo by Mandel Ngan-Pool/Getty Images)

Most Americans are on board with the measure. The idea has bi-partisan support. A study from Pew Research showed that around 2/3’s of Americans would back a move to $15.

The bill, though, has very little support from the Republicans who represent these people. Lindsey Graham attempted to argue against the raise on Thursday. This led to a contentious back and forth with Costco CEO Craig Jelenik.

Jelenik told lawmakers that Costco will be paying it’s workers at least $15 an hour. Graham weighed in, “I just want to let you know that my concern is not really about Costco,” Graham explained. “I’m worried about the small business owner who is struggling because COVID has reduced their capability to earn a living. Do you understand where I’m coming from?”

After Jelenik said that he did, Graham continued, “So if you run a restaurant or hotel and nobody can travel in the country and seating capacity has been reduced by half or more, the revenues are down and can you understand why an increased mandate from the government in terms of cost would be a devastating blow?”

“No, I can’t understand why it would be a devastating blow,” the CEO replied. “I think it’s a devastating blow to the employees.”

Watch a clip of the back and forth below:



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