U.S. lawmakers introduce legislation to raise minimum wage to $15

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United States lawmakers today proposed legislation to raise the federal minimum wage to $15.

Now at $7.25 per hour, the wage would increase to $9.50 when the House bill goes into effect if passed in Congress and signed by President Joe Biden. The wage would move to $11 in one year, $12.50 in 2023, $14 in 2024 and $15 in 2025.

Biden has voiced support for a $15 federal minimum wage and included it in the $1.9 trillion COVID-19 relief package proposal. He also has signed an executive order to encourage raising the pay of federal workers.

The last time the federal minimum wage was raised was in 2009 — when it went from $6.55 to $7.25 per hour.