Raise the Wage Act

The Raise the Wage Act is a proposed piece of legislation aimed at gradually increasing the federal minimum wage in the United States. It seeks to raise the minimum wage from its current level of $7.25 per hour to $15 per hour over several years. The goal is to improve the earnings of low-wage workers, reduce poverty, and address the rising cost of living. The act also aims to eliminate the subminimum wage for tipped workers, ensuring that all employees receive fair compensation for their labor. Supporters argue it can lead to greater economic stability for individuals and families.