New federal budget report boosts $15-an-hour minimum wage | GEORGIA RECORDER
The nonpartisan Congressional Budget Office in a report Monday found a gradual increase to a $15 federal minimum wage by 2025 would reduce poverty, add $54 billion to the deficit over a decade and increase pay for millions of low-income workers.
The report could help Democrats make a strong case for including a gradual federal minimum wage increase in the $1.9 trillion relief package put forth by the Biden administration…
“Workers need immediate help, but doubling the federal minimum wage when Georgia small businesses are closing left and right is not the right answer,” said Buzz Brockway, the Georgia Center for Opportunity’s director of public policy and a former Republican state lawmaker from Gwinnett County.