$15 Minimum Wage Would Save The U.S. BILLIONS

Raising the minimum wage would save the United States government billions of dollars. John Iadarola and Jayar Jackson break it down on The Damage Report.

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Read more here: https://laborcenter.berkeley.edu/the-public-cost-of-a-low-federal-minimum-wage/

"The Raise the Wage Act, passed by the U.S. House of Representatives in 2019, proposes a national $15 minimum wage to be fully implemented in 2025. This paper looks at the cost of five public safety net programs for families of workers who would receive a direct wage increase under this bill. We find that close to half of these families (47%) are enrolled in at least one program, at an annual cost of $107 billion."

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