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H.R. 582, Raise the Wage Act (CBO Report for Congress)

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Congress 116th
Date Requested March 6, 2019
Requested By House Committee on Education and Labor
Date Sent April 22, 2019
Description:
The bill would Increase the federal minimum wage in six annual steps, from $7.25 per hour to $15 per hour, and then adjust the wage annually thereafter to keep pace with the median hourly wage Increase spending subject to appropriation by increasing the wages of some federal workers Increase off-budget direct spending by increasing the wages of some postal workers Impose intergovernmental and private-sector mandates by requiring employers to pay a higher minimum wage to employees who are covered under the Fair Labor Standards Act Estimated budgetary effects would primarily stem from  Increasing the wages of some federal employees Areas of significant uncertainty include Projections of increases in the median hourly wage and wage growth for federal workers over the next decade              

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