The Hill, July 8, 2019
Democrats and Republicans both seized on a new report Monday from the nonpartisan Congressional Budget Office (CBO) laying out the pros and cons of raising the minimum wage to $15.
The CBO said that increasing the hourly wage from its current rate of $7.25 to $15 by 2025 could lead to the loss of 1.3 million jobs — giving Republicans their main talking point — while also lifting 1.3 million people out of poverty, a point Democrats hammered home.
Democrats also highlighted how an estimated 17 million workers would get an income boost if their Raise the Wage Act becomes law. The House is slated to vote on the measure in the coming days.
New research is shaking up the debate (May 2019)
A $15 minimum wage won’t cost American jobs (July 2019)