Biden's $15 wage proposal: Job killer or a boon for workers?
Will the Biden administration succeed in enacting a much higher federal minimum wage โ and should it? The fate of Bidenโs minimum wage proposal remains hazy. Yet by more than doubling the federal minimum wage over a few years, Bidenโs plan would enter uncharted territory. As for Bidenโs minimum wage proposal, it is up against the Senateโs โbudget reconciliationโ rules, which will likely govern the president's rescue aid package. But they are supposed to be limited to budgetary matters and likely donโt apply to a minimum wage increase.