Kimavi's video: What is 15 minimum wage bill Who is Bernie Sanders Kyrsten Sinema Proponents and Opponents

#$15 Welcome to Kimavi Super Simple Educational Videos. #$15 What is $15 minimum wage bill? Who is Bernie Sanders? Kyrsten Sinema? Proponents and Opponents? The federal minimum wage was introduced in 1938 during the Great Depression under President Franklin Delano Roosevelt It was initially set at $0.25 per hour and has been increased by Congress 22 times, most recently in 2009 when it went from $6.55 to $7.25 an hour The federal minimum hourly wage is US is $7.25 and Congress has not increased it since 2009 In April 2017, Sanders introduced a bill that would raise the minimum wage for federal contract workers to $15 an hour, Proponents Proponents of a higher minimum wage state that the current federal minimum wage of $7.25 per hour is too low for anyone to live on; that a higher minimum wage will help create jobs and grow the economy; that the declining value of the minimum wage is one of the primary causes of wage inequality between low- and middle-income workers; and that a majority of Americans, including a slim majority of self-described conservatives, support increasing the minimum wage Opponents Opponents say that many businesses cannot afford to pay their workers more, and will be forced to close, lay off workers, or reduce hiring; that increases have been shown to make it more difficult for low-skilled workers with little or no work experience to find jobs or become upwardly mobile; and that raising the minimum wage at the federal level does not take into account regional cost-of-living variations where raising the minimum wage could hurt low-income communities in particular The Raise the Wage Act of 2021 would gradually raise the federal minimum wage to $15 an hour by 2025 Here is what the Act, if passed, would do: Raise the federal minimum wage to $9.50 this year and increase it in steps until it reaches $15 an hour in 2025 After 2025, adjust the minimum wage each year to keep pace with growth in the median wage, a measure of wages for typical workers Phase out the egregious subminimum wage for tipped workers, which has been frozen at a meager $2.13 since 1991 .... .... Thank you from Kimavi, Please visit us at Kimavi.Com for more Super Simple Educational videos