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Bill Proposes $15 Federal Minimum Wage by 2024, How Will Your Business Cope?

February 1, 2019

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Small business owners have “grave concerns” over a recent Democratic House bill that would more than double the federal minimum wage in less than five years.

House Democrats introduced a bill Wednesday that would increase the federal minimum wage from $7.25 an hour to $15 an hour by 2024. The Raise the Wage Act give Democrats a chance to showcase the party’s policy priorities going into the 2020 election, CNBC reports.

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