Key Democrats in the House and Senate have introduced legislation to phase in a federal minimum wage increase to $17/hour. The five-year phase-in would hike the federal minimum wage, which is currently $7.25/hour, to $17/hour by 2030. The bill would also index the minimum wage for inflation, and would phase out the subminimum wage for youth, tipped and disabled workers. It would be the first federal minimum wage increase since 2009.
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Democrats Introduce Minimum Wage Hike Bill
By NAIFA on 4/15/25 8:07 AM