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Los Angeles Times
Source: Los Angeles Times
1 DayLos Angeles Times
Source: Los Angeles Times
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The newly Democratic Congress should make raising the federal minimum wage an early response to affordability concerns, columnist Michael Hiltzik argues. The rate has remained at $7.25 an hour since 2009, with inflation reducing its purchasing power to $4.64; it still applies in 20 states. A Congressional Budget Office analysis found a $15 minimum could raise pay for millions of workers and reduce poverty, while also potentially costing jobs.
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