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And in California, voters will decide whether to raise the minimum wage to $18 per hour for employers with at least 26 employees and to $17 per hour for those with fewer employees, starting in 2025.
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 ...
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.
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.
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 .
One of the biggest changes we're going to see is that an increase in the federal minimum wage to $15 per hour likely won't be included. And here's why. Right now there's an even split between ...
The minimum wage under federal law is $7.25 an hour, though many states set higher minimums. Four states and several cities have a minimum wage of at least $15.