Tue, 01/26/2021 - 1:42pm tim
Vermont Business Magazine In a press conference today, incoming Senate Budget Committee Chairman Bernie Sanders (I-Vermont) joined incoming Senate HELP Committee Chair Patty Murray (D-WA), House Committee on Education and Labor Chairman Bobby Scott (D-VA), Congressional Progressive Caucus Chair Pramila Jayapal (D-WA), and Representative Stephanie Murphy (D-FL) to announce the introduction of legislation raising the federal minimum wage to $15 by 2025.
The Raise the Wage Act of 2021 would increase the federal minimum wage to $15 in five steps over the next four years. Beginning in 2026, the federal minimum wage would be indexed to median wage growth. According to an independent analysis conducted by the Economic Policy Institute, the Raise the Wage Act would increase wages for nearly 32 million Americans, including roughly a third of all Black workers and a quarter of all Latino workers.
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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Sen. Bernie Sanders (I-Vt.), talks during an interview with MSNBC in the Russell Rotunda in Washington on Wednesday, Dec. 16, 2020. Caroline Brehman/CQ-Roll Call, Inc via Getty Images
Democrats are introducing the Raise the Wage Act, which would increase the federal minimum wage to $15 an hour by 2025.
An increase to the minimum wage is also part of Biden s stimulus, but Democrats want to make sure it gets done.
Sen. Bernie Sanders says they ll try and pass a raise through budget reconciliation or a senate majority vote.