Budget Deficit Will Increase by $54 Billion if Congress Enacts $15 Minimum Wage: CBO
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 Read More »
