As part of Biden’s $1.9 trillion Covid-19 rescue plan, the raising of the federal minimum wage to $15 an hour, will fulfill a major campaign promise. The current federal minimum wage is $7.25 per hour.

A recent study by the Congressional Budget Office, entitled “The Effects on Employment and Family Income of Increasing the Federal Minimum Wage,” was conducted to determine how increasing the federal minimum wage from $7.25 to $10, $12 or $15 per hour would affect employment and family income.

The conclusion was that increasing the federal minimum wage would have two major impacts on low-wage workers: earnings…

Britton LaRoche

Principal Solution Architect at MongoDB, Former Principle Solution Architect at Oracle

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