As the administration presses for raising the federal minimum wage, a nonpartisan analysis issued by the Congressional Budget Office (CBO) examines how the Raise the Wage Act of 2021 would impact facets of the national budget. The same report delves into how increased wages could impact employment by leading some companies to lean on machinery […]

With Joe Biden sworn in as the nation’s 46th president, the new administration comes with an agenda for providing ongoing aid to Americans—including increases to the federal minimum wage. Those changes, the President says, should not only provide immediate relief for the lowest-earning workers, but additional improvements going forward. “Hard working Americans deserve sufficient wages […]