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At the time, raising the federal minimum wage to $15 an hour would have reduced the number of people in poverty by 900,000 and increased the pay of about 27 million workers, according to a ...
Scott Bessent, Trump's nominee for secretary of the treasury, said at a Senate confirmation hearing on Thursday that he does not believe the current $7.25 per hour federal minimum wage should change.
Harris pledged to support a $15 federal minimum wage during her unsuccessful 2020 run for the White House, a standard position for Democrats in that year’s primary.
Other proposals, such as raising the minimum wage and raising tax credits, have met with more support from economists. [ 202 ] [ 195 ] The New York Times reports that Harris's tax proposals have largely tracked Biden's, and in total add less debt burden than Trump's plans which are estimated to add $4 trillion to the debt after taxes.
In California, the state minimum wage as of January 1, 2024 was $16 per hour. [6] [note 1] As of July 2024, California had the highest minimum wage of any state and was the highest in the country except for some part of New York (which also have a $16/hour minimum wage) and the District of Columbia (which has a minimum wage of $17.50/hour). [9]
Harris promised to raise the minimum wage and decried the current $7.25 an hour as 'poverty wages' with only two weeks left to go in the campaign.
The Raise the Wage Act of 2017, which was simultaneously introduced in the House of Representatives with 166 Democratic cosponsors, would raise the minimum wage to $9.25 per hour immediately, and then gradually increase it to $15 per hour by 2024, while simultaneously raising the minimum wage for tipped workers and phasing it out. [173]
Supporters of raising the state’s minimum wage have said it's been a long-time coming. “Michigan House Democrats respect the will of the people and support higher wages for workers,” said Tate .