Mollyycolllinss Authors Angus Johnston
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Specifically, it would raise the minimum wage to $9.50 on the day of passage, then by $1.50 one year later, increasing by $1.50 each year until it reached $15 in 2025.
One other detail that the NBC screenshots leave out: After 2025, this bill would index the minimum wage to median wages, raising it automatically every year.
Here's the full text of the bill.
The minimum wage bill introduced today would phase out the tipped minimum wage loophole, raising it by $2.50 a year until the tipped minimum wage reached parity with the regular minimum wage in 2025.
Similarly, it phases out the separate minimum wage for disabled workers on the same timetable.
JUST IN: House and Senate Democrats introduce legislation to raise the federal minimum wage from $7.25 to $15 by 2025. pic.twitter.com/yW9hGZmmYK
— NBC Politics (@NBCPolitics) January 26, 2021
One other detail that the NBC screenshots leave out: After 2025, this bill would index the minimum wage to median wages, raising it automatically every year.
INBOX: Democrats, backed by Schumer and Pelosi, set to introduce a bill that would raise the minimum wage to $15 over the course of 5 years.
— Andrew Solender (@AndrewSolender) January 26, 2021
"Thereafter, the federal minimum wage would be indexed to median wage growth." pic.twitter.com/kKxC85BUbf
Here's the full text of the bill.
The minimum wage bill introduced today would phase out the tipped minimum wage loophole, raising it by $2.50 a year until the tipped minimum wage reached parity with the regular minimum wage in 2025.
Similarly, it phases out the separate minimum wage for disabled workers on the same timetable.