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Should the Minimum wage be increased?

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.

General

This Congress has gone the longest stretch without increasing the minimum wage (June 2019)

New research is shaking up the debate (May 2019)

Connecticut is about to get a $15 minimum wage (May 2019)

Maryland has become the 15th state to increase the minimum wage (May 2019)

Pro

A $15 minimum wage won’t cost American jobs (July 2019)

Con

$15 minimum wage bad for the poor (2019)

Three disastrous consequences of . a $15 minimum wage (May 2019)

Minimum wage increase is killing .jobs in NYC (2019)

Bad economic justifications for minimum wage hikes (2019)

Con Websites

Heritage Foundation