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While the immediate fight to raise the minimum wage to $15 under reconciliation has subsided, activists are beginning to look toward a future standalone $15 federal wage bill. Proponents, including politicians, consistently claim that raising the minimum wage will have no costs, only benefits. President Biden repeatedly claimed…

Nowhere in the history of the Fair Labor Standards Act is there any inflation-adjusted precedent for a $15 minimum wage today. The nonpartisan Congressional Budget Office reported that this wage target would cost up to 2.7 million jobs. In a 2019…

On Thursday, the Employment Policies Institute (EPI) ran a full-page ad in the Washington, DC edition of the Wall Street Journal, condemning President Biden and Sen. Bernie Sanders’ $15 minimum wage hike as part of a coronavirus “relief” package. The ad was released ahead of Sanders’  Senate Budget Committee…

President Biden and Senate Democratic leadership continue to grapple over whether a standalone minimum wage bill can be passed as part of a budget resolution package for Covid relief. Proponents of the Raise the Wage Act, championed by Sen. Bernie Sanders, continue to press on, offering additional arguments to get…

This week, the Congressional Budget Office released a report detailing the impacts of enacting Democrats’ $15 minimum wage proposal. The report reveals the devastating impacts of enacting this wage hike: the CBO’s average estimate predicts the nation would lose 1.4 million jobs as a result, but losses could reach…

Fight for $15 advocates have recently turned to arguments that raising the minimum wage reduces reliance on means-tested welfare programs, and therefore reduces government spending. However, past minimum wage hikes demonstrate that there is no evidence to suggest this is true. Summarized in the…

Since the official introduction of the House’s Raise the Wage Act of 2021, there has been a flurry of activity surrounding the process to enact a federal $15 minimum wage mandate, and which lawmakers really endorse taking immediate action. Lawmakers on both sides of the aisle have voiced skepticism about…

Concerns have mounted over Biden’s announcement of his plan to push through a national minimum wage increase to $15 and scrap the tip credit, considering the plight of small businesses, particularly restaurants and bars, due to the pandemic. Yet, raising the national minimum wage seems to be…

Yesterday, President-elect Biden announced his plan to raise the minimum wage to $15 nationally as part of his pandemic relief bill. Biden called on Congress to act quickly, citing his desire to help the economy recover from job loss caused by coronavirus. But Senators should be wary – more-than-doubling…

Earlier this month, social justice investing firm Adasina Social Capital released a letter pressuring companies to end their use of the tip credit, citing flawed claims from the Restaurant Opportunities Center’s non-profit One Fair Wage (OFW) and co-founder Saru Jayaraman. They also teamed up with One Fair Wage earlier this…