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Democrats Are Set To Kill Millions Of American Jobs

Jeff Katz
July 09, 2019 - 4:33 pm

A new report from the Congressional Budget Office, raising the federal minimum wage to $15 an hour could cost more than one million Americans their jobs. 

Supporters of the bill have noted that it would bring about one million Americans out of poverty, but at the cost of those one million jobs. To be specific, the report indicates that raising minimum wage from $7.25 to $15 an hour by 2025 could cost 1.3 million jobs.

Many Democrats have put their support behind the Raise the Wage act - which will be voted on by the House of Representatives next week - including Bernie Sanders, Alexandria Ocasio-Cortez and House Speaker Nancy Pelosi.