AOC-backed $25 minimum wage plan sounds great — but at what cost?

AOC-backed $25 minimum wage plan sounds great — but at what cost?

Democrats' push to more than triple the federal minimum wage to $25 an hour is reigniting debate over whether a one-size-fits-all policy can work across the U.S. economy.Critics warn the new proposal would do more harm than good, pointing to risks such as inflation, job losses and added strain on small businesses.Lawmakers and advocacy groups have for years demanded a significant increase in the federal wage floor. A plan backed by Rep. Alexandr…

Progressive Lawmakers Push $25 Federal Minimum Wage * 100PercentFedUp.com * by Donald

Congressional progressives have a new proposal for the American economy: more than triple the federal minimum wage from $7.25 to $25 an hour. The bill is called the Living Wage for All Act, and it is backed by Rep. Alexandria Ocasio-Cortez along with a coalition of more than 100 progressive organizations. If enacted, it would represent the single largest federal minimum-wage increase in American history, applied coast to coast regardless of loca…