CBO: Minimum wage boost would increase deficit, cost jobs ...Middle East

Legislation that would increase the federal minimum wage from $7.25 to $15 an hour over five years would increase deficits by $54 billion over the next decade, the Congressional Budget Office reported. The CBO score, which takes into account a broader range of economic factors than a 2019 analysis which found minimal budgetary impact, could […] The post CBO: Minimum wage boost would increase deficit, cost jobs appeared first on Roll Call.

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