• Source: Raise the Wage Act

The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$17. Versions of the bill have been introduced in each United States Congress since 2017.




Background






= Federal Minimum Wage

=
The minimum wage in the United States is set by U.S. labor law and a range of state and local laws. The first federal minimum wage was created as part of the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but declared unconstitutional. In 1938 the Fair Labor Standards Act established it at $0.25 an hour ($5.19 in 2022 dollars). Its purchasing power peaked in 1968 at $1.60 ($13.46 in 2022 dollars). The Fair Minimum Wage Act of 2007 has set the minimum wage at $7.25 per hour since 2009. The real value of the federal minimum wage in 2022 dollars has decreased by 46% since its inflation-adjusted peak in February 1968.




Provisions






= Minimum Wage Increases

=
The most recently introduced bill would gradually increase the minimum wage over the 5 years following the bill's passage and ultimately eliminate sub-minimum wages for tipped, disabled, and youth workers. Additionally, once wages reach $17.00/hr, the minimum wage will be pegged to median wage growth so as to prevent the value of the minimum wage from decreasing.




Legislative history


As of April 18, 2024:




See also


List of bills in the 115th United States Congress
List of bills in the 116th United States Congress
List of bills in the 117th United States Congress
List of bills in the 118th United States Congress
Minimum wage




References






External links



This article incorporates public domain material from websites or documents of the United States Government.

Kata Kunci Pencarian:

• Logistik misi Pasukan Internasional Timor Timur
• Kritik terhadap Israel
• Raise the Wage Act
• Minimum wage in the United States
• Fight for $15
• Congressional Progressive Caucus
• Fair Labor Standards Act of 1938
• Minimum wage
• American Rescue Plan Act of 2021
• 118th United States Congress
• 117th United States Congress
• Mike Johnson