The fight to increase the minimum wage continues to pose a challenge for Democrats as progressive voices dispute analysis that a $15 rate would lead to fewer jobs and a higher deficit.
The findings by the Congressional Budget Office, released on Monday, outlined possible scenarios under President Joe Biden's plan to raise the minimum wage to $15 an hour by 2025.
Biden's Raise the Wage Act of 2021 would benefit 27 million workers and lift 900,000 people out of poverty with a net increase in wages over a decade of $333 billion, the CBO said.
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