Mark Cuban has called for businesses to raise wages, arguing that many employees rely on government assistance like Medicaid due to low salaries. After discovering some of his employees at the Dallas Mavericks needed public assistance, he responded by increasing their pay. Cuban expressed his embarrassment over this situation and believes that reducing Medicaid costs should focus on incentivizing employers to pay livable wages. His comments coincide with the divisive healthcare policies proposed under President Trump's administration, which threatens significant cuts to Medicaid that millions depend on.
When I found out I had employees at our arena on public assistance, I immediately gave raises to every hourly employee and their managers.
The best way to reduce the cost of Medicaid is to name and shame big employers that pay their full time employees so little, they qualify for Medicaid.
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