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

New report warns NATO’s data vulnerabilities could cost...

May 3, 2025

DAVID MARCUS: At 50, SNL should drop the...

February 16, 2025

Byron Donalds unleashes on Dem Trump ‘lies,’ says...

November 11, 2024

Comer widens Biden ‘cover-up’ probe, seeks interviews with...

June 5, 2025

Hamas claims it will release American hostage Edan...

May 12, 2025

Ilhan Omar blasts Harris-Walz campaign for courting Liz...

November 27, 2024

Captain Obvious Stephanopoulos gets in trouble for giving...

July 11, 2024

State Department to axe 1,800 employees

July 12, 2025

How the blockbuster Supreme Court presidential immunity ruling...

July 2, 2024

House Pentagon funding bill would ban transgender treatments...

December 13, 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

    • Momentum Leaders Are Rotating — Here’s How to Find Them

      July 25, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      July 25, 2025
    • Trump foe Boasberg orders DOJ to detail status of CECOT migrants sent to Venezuela

      July 25, 2025
    • Hamas ‘hardens’ stance in ceasefire talks as Netanyahu recalls negotiation team

      July 25, 2025
    • White House sends mixed signals in Russia ‘hoax’ blame game

      July 25, 2025

    Categories

    • Business (1,036)
    • Investing (2,690)
    • Politics (3,310)
    • Stocks (1,154)
    • 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