Biden exagerates the pay gap between CEOs and workers

Biden claimed in a speech in Louisiana on Thursday that "it used to be that a corporate CEO got paid 36 times as much as the average employee in their corporation in the Fortune 500; now, it's 456 times." He made a similar claim at the White House the day prior, saying that the average CEO of Fortune 500 companies now makes "over 450 times" what the average employee makes. READ MORE