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Podcast: Congress is now debating an increase to $15 per hour

Podcast: Congress is now debating an increase to $15 per hour

The federal minimum wage has been $7.25 per hour since 2009, which works out to just about $15,000 per year at 40-hour weeks, without any vacation days. Congress is now debating an increase to $15 per hour as part of the next round of economic stimulus, but there is plenty of opposition.Axios Re:Cap digs into the economics and politics of the federal minimum wage, on which it seems everyone has an opinion.

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