House Democrats are working on details of their graduated plan to raise the U.S. federal minimum wage to $15/hour. Democrats are looking to include the first hike to the federal minimum wage since 2009 in President Biden's coronavirus relief bill. They plan to revise the proposal Tuesday, but it so far includes a quick increase from the current minimum wage of $7.25 to $9.50 within the year. It will then grow annually until hitting $15 in 2025. Meanwhile the tipped minimum wage of $2.50 will rise to $4.95 this year, and again increase until it matches the federal wage. The youth subminimum wage paid to people under 20 will also end up matching the regular minimum wage by 2027, and permits to pay subminimum wage will no longer be distributed. Here's the details on the federal min wage increase Democrats are going to try to include in their covid relief bill: Raised to $9.50 w/in 3 months; $15 by 2025, indexed thereafter. Tipped wage disappears by 2027.Via House @EdLaborCmte, w
President Joe Biden met with a group of 10 Republican senators who have proposed $618 billion in coronavirus aid, about a third of the $1.9 trillion he is seeking as congressional Democrats vow to push ahead with or without GOP support.