Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Politics

Republican senator teams up with Democrat to push $15 per hour minimum wage plus annual inflation increases

by admin June 11, 2025
June 11, 2025
Republican senator teams up with Democrat to push $15 per hour minimum wage plus annual inflation increases

Sens. Josh Hawley, R-Mo., and Peter Welch, D-Vt., are pushing legislation that would hike the federal minimum wage to $15 per hour and provide for annual increases to account for inflation.

The proposal would implement a dramatic increase from the current $7.25 per hour federal minimum wage, which has been in place for more than 15 years.

‘For decades, working Americans have seen their wages flatline. One major culprit of this is the failure of the federal minimum wage to keep up with the economic reality facing hardworking Americans every day. This bipartisan legislation would ensure that workers across America benefit from higher wages,’ Hawley said, according to press releases from both lawmakers.

The purchasing power of the U.S. dollar has eroded significantly over the years due to inflation.

Under the proposed legislation, the yearly increases to the initial $15 per hour federal minimum wage would be based on ‘the percentage increase, if any, in the Consumer Price Index for Urban Wage Earners and Clerical Workers (or a successor index), as published by the Bureau of Labor Statistics’ and would be ’rounded to the nearest multiple of $0.05, if the amount … is not a multiple of $0.05.’

‘We’re in the midst of a severe affordability crisis, with families in red and blue states alike struggling to afford necessities like housing and groceries. A stagnant federal minimum wage only adds fuel to the fire. Every hardworking American deserves a living wage that helps put a roof over their head and food on the table–$7.25 an hour doesn’t even come close,’ Welch said, according to the releases.

‘Times have changed, and working families deserve a wage that reflects today’s financial reality. I’m proud to lead this bipartisan effort to raise the minimum wage nationwide to help more folks make ends meet,’ the senator added. 

In post on X, conservative commentator Dana Loesch decried the idea of raising the federal minimum wage, pushing back against Hawley’s advocacy for the policy.

‘This is a horrible, progressive idea,’ Loesch asserted in the tweet.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Hyundai Builds Rare Earths Stockpile to Offset Supply Risks
next post
Trump administration prevails as appeals court pauses lower court decision blocking contested tariffs

Related Posts

Inside longtime Biden aide’s marathon closed-door grilling in...

July 12, 2025

DAVID MARCUS: Kash Patel is the fumigator the...

December 1, 2024

State Department says it has provided guidance to...

June 21, 2025

Tulsi Gabbard, former Democratic candidate for president, joins...

October 23, 2024

Trump continues to defend Qatar gifting US $400M...

May 14, 2025

White House sends mixed signals in Russia ‘hoax’...

July 25, 2025

‘Feel betrayed’: Top conservative group blasts vulnerable Dems...

August 8, 2024

‘Failure’s not an option’: Trump budget bill will...

May 18, 2025

House Republicans fly down to Trump’s backyard for...

January 27, 2025

5 recent gaffes by President Biden

June 7, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Harris lashes out at Biden’s team for ‘adding fuel to negative narratives’ against her: book

      September 25, 2025
    • Unearthed ‘rage’ clip puts Dem gubernatorial candidate on defensive amid ICE, Kirk shootings

      September 25, 2025
    • Roseanne Barr blasts ‘double standard’ as Jimmy Kimmel returns to late-night show after suspension

      September 25, 2025
    • Vance pauses North Carolina speech for boy who said he ‘skipped school’ to ask for a selfie

      September 25, 2025
    • Top House Dem exposes party’s strategy to blame Republicans for looming government shutdown

      September 25, 2025

    Categories

    • Business (1,107)
    • Investing (3,115)
    • Politics (3,803)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved