CONGRESSMAN MORELLE CO-SPONSORS RAISE THE WAGE ACT OF 2019, SUPPORTS WORKERS NATIONWIDE | Representative Joseph Morelle

CONGRESSMAN MORELLE CO-SPONSORS RAISE THE WAGE ACT OF 2019, SUPPORTS WORKERS NATIONWIDE

January 16, 2019
Press Release
Legislation will boost workers’ wages by increasing the federal minimum wage to $15 an hour by 2024

 

(Washington, DC) – Today, House Democrats introduced legislation cosponsored by Rep. Joe Morelle to gradually raise the federal minimum wage to $15 an hour by 2024, providing much-needed relief for hourly workers whose wages have failed to keep up with the pace of inflation.

“For far too many Americans, the economy isn’t working the way it should,” said Rep. Morelle. “It is unacceptable that so many individuals who work tirelessly still can’t make ends meet because they are not paid a living wage. This legislation further demonstrates the commitment of House Democrats to provide families with the support they need to get ahead and rebuild an economy that puts working people first.”

This legislation would gradually raise the minimum wage to $15 in 2024, index future minimum wage increases to median wage growth, and ensure all workers are paid at least the full federal minimum wage by phasing out the subminimum wages for tipped workers, youth workers, and workers with disabilities.

For the past 40 years, Congress has failed to increase the minimum wage to keep up with inflation. In fact, today’s minimum wage worker has less buying power than a minimum wage worker had in the 1960s. Since the last increase in 2009, the purchasing power of the minimum wage has declined by more than 15 percent due to inflation.

In addition, researchers estimate that a 10 percent increase in the minimum wage would increase sales by around $2 billion each year, providing a much-needed boost to America’s economy.

 

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