Biden's economic plan calls for $15 wage floor.

• Position: In The News...

As part of his $1.9 trillion economic relief package proposed recently, President Biden called on Congress to increase the federal national minimum wage to $15 per hour and end the tip credit minimum wage of $2.13 per hour. The current federal wage floor of $7.25 an hour hasn't budged since 2009, the longest period without an increase since it was created in 1938. More than 30 states set their own minimum wages that are above...