Federal Minimum Wage Automatic Adjustment Act
This bill raises the federal minimum wage to $17/hour over three years and then indexes it permanently to the Consumer Price Index, with automatic annual adjustments so Congress never has to vote on minimum wage increases again.
Discussion (6)
Finally someone proposing something concrete instead of just talking. Let's refine this and get it passed.
This is long overdue. Other countries have had similar policies for years and the results speak for themselves.
I work with affected populations and can say firsthand this kind of reform is desperately needed.
The concept is sound but costs may be significantly higher than estimated based on my analysis.
Has anyone estimated the actual cost? I want to support it but we need concrete numbers.
Has anyone estimated the actual cost? I want to support it but we need concrete numbers.