$15 minimum wage won’t cover living costs for many Americans

  • Democrats want a $15 minimum wage policy to be included in President Joe Biden’s $1.9 trillion Covid relief plan.
  • A $15 hourly pay scale would more than double the current $7.25 federal minimum wage.
  • It still wouldn’t offer a living wage to low-paid single adults and families in many areas, according to a CNBC analysis of state cost-of-living data.

Democrats are pushing to get a $15 federal minimum wage into President Joe Biden’s Covid relief package. For many, that pay still wouldn’t be enough.

Source: $15 minimum wage won’t cover living costs for many Americans