In its cost assessment of Biden's 'Raise the Wage Act of 2021,' the non-partisan agency also said a minimum wage increase would lift 900,000 Americans out of poverty. The existing federal minimum wage, at $7.25 an hour, has not been changed since 2009. They argued its findings meant a minimum wage hike could be included in Biden's $1.9 trillion COVID relief plan. 'What that means is that we can clearly raise the minimum wage to $15 an hour under the rules of reconciliation,' he said. 'The only way to increase the minimum wage to $15 an hour now is to pass it with 51 votes through budget reconciliation,' he said.

Source: Daily Mail February 08, 2021 19:54 UTC