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Sens. Josh HawleyR-Mo. , and Peter Welch, D-Vt. is pushing legislation that raises the federal minimum wage to $15 an hour and provides annual increases in light of inflation.
The proposal would implement a dramatic increase from the current federal government of $7.25 per hour Minimum wageIt has been implemented for over 15 years.
“For decades, working Americans have seen their wage flatlines, and one of the major perpetrators of this is that federal minimum wage has not kept up to the economic reality that faces hardworking Americans every day. press release From both lawmakers.
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Senator Josh Hawley, R-Mo. poses questioning Pam Bondy, who became President Donald Trump’s attorney general, during a confirmation hearing of the Senate Judiciary Committee in Hartville on Wednesday, January 15, 2025. (Tom Williams/CQ-Roll Call, Inc, Getty Images)
The purchasing power of the US dollar is inflation.
Under Proposed lawthe annual increase to the federal minimum wage of $15 per hour is based on the increase (or successor index) of the consumer price index for urban wage workers and administrative workers (or successor index), and “rounded to the nearest multiple of $0.05 if not $0.05.”
Cuomo says that if there is an elected mayor, the NYC minimum wage will increase to $20 an hour.
“We are in the midst of a severe affordability crisis, with families in the red and blue states struggling to buy essentials like housing and groceries. Stagnant federal minimum wages simply add fuel to the fire.
“Times are changing, and working families deserve wages that reflect today’s financial reality. I am proud to lead this bipartisan effort to raise the minimum wage nationwide to help more people achieve their goals,” the senator added.
in post In X, conservative commentator Dana Roche denounced the idea of ​​raising the federal minimum wage and opposed the defense of Holy’s policy.
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“This is a scary, progressive idea,” Roche claimed in a tweet.