The Congressional Budget Office (CBO) released a report this month that shows an increased budget deficit of $54 billion if the minimum wage is increased to $15 nationally, which it says will result in higher unemployment and higher prices for goods and services. “If enacted at the end of March 2021, the Raise the Wage…
Budget Deficit Will Increase by $54 Billion if Congress Enacts $15 Minimum Wage: CBO
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