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President Biden minimum wage increase bill may hurt small businesses

President Biden minimum wage increase bill may hurt small businesses If the Senate passes the bill Federal minimum wage will increase from $7.25 to $15.00 President Biden minimum wage increase bill may hurt small businesses By Ebonee Coleman | January 29, 2021 at 11:07 PM CST - Updated January 29 at 11:07 PM WICHITA FALLS, Texas (TNN) - President Biden has proposed a bill that will increase the Federal minimum wage from $7.25 to $15, over a 4 year period. However local Wichita Falls business owners say while they want the best for their employees, they are concerned that now is the right time or the right way to increase the minimum wages.

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