CBO Report Looks at Effect of Raising the Federal Minimum Wage ~ From Brian J Tewksbury

Murphys, CA…The federal minimum wage (FMW), currently $7.25 per hour, hasn’t increased since 2009—the longest stretch with no federal increases since 1938, when the minimum wage was created. Several presidential candidates as well as proposed House Bill H.R. 582, Raise the Wage Act, would raise the FMW. What effect would a wage increase have on […]