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The current state of federal minimum wage Most Americans favor raising the federal minimum wage, which was last increased in 2009. Many cities and states have enacted their own hikes, including in ...
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1] [2] The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$17. [3] [4] Versions of the bill have been introduced in each United States Congress since 2017.
Sen. Bernie Sanders (I-Vt.) said on Sunday that he hopes to work with President-elect Trump to raise the minimum wage from $7.25 an hour, the federal standard last raised in 2009. In an interview ...
On February 3, 2021, Hassan announced she opposes raising the federal minimum wage to $15/hour as proposed in President Biden's American Rescue Plan legislation. [82] On March 5, 2021, she and seven other Democratic senators voted with Republicans to block raising the minimum wage as part of the legislation. [83] [84]
A majority (56%) believe that raising the minimum wage will help the economy, 16% believe it won't make a difference, and only 21% felt it would hurt the economy. [181] Regardless of the ruling, the idea of raising the minimum wage to $15 by 2025 from its current $7.25 is broadly popular, a Reuters/Ipsos poll found.
If the U.S. raised the minimum wage to $15 per hour by 2025, for example, the country would lift an estimated 900,000 people out of poverty and raise the income for 17 million employees (roughly 1 ...
Puzder has been critical of raising the federal minimum wage, claiming that a $15 per hour minimum wage would increase costs for consumers and increase automation, leading to fewer jobs. [ 60 ] [ 61 ] [ 53 ] He also opposes raising the $2.13 per hour minimum wage for tipped workers. [ 62 ]
The $15 federal minimum wage bill has almost no chance in the Republican-controlled Senate.