Minimum Wage Debate: Hawley's Bipartisan Push for $15

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A bipartisan bill aims to raise the federal minimum wage to $15. Republican Senator Josh Hawley champions higher wages for American workers. Is it time for the federal minimum wage to catch up with economic realities?  #MinimumWageDebate. #HawleyWageBill. #FairWagesNow.

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00:00Republican Senator Josh Hawley of Missouri, alongside Vermont Democrat Peter Welch,

00:06has introduced a bill that would double the federal minimum wage to $15 per hour by January

00:122026, with future increases tied to inflation. This bipartisan effort aims to address flatlining

00:19wages and ensure earnings keep pace with economic reality for hardworking Americans.

00:24The current federal minimum wage of $7.25 has not been increased since 2009. While many states

00:32have raised their own minimum wages above this rate, proponents argue a national increase would

00:38benefit lower earners and reduce income inequality. Critics, however, warn of potential negative impacts

00:46on businesses, especially small ones, and job losses. President Trump, when asked about the

00:53proposal, expressed uncertainty, acknowledging that $7.25 is a very low number, but also citing

01:02concerns about businesses in areas with high minimum wages. The debate highlights the complex

01:08economic trade-offs involved in raising the minimum wage, with differing views on its impact

01:13unemployment and income distribution. Money Explainers

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