Lawmakers Propose $15 Minimum Wage

Jan. 27, 2021— Lawmakers introduced a bill on Tuesday that would raise the national minimum wage to $15 an hour, CNN reports. 

The measure, which is also included in President Joe Biden's $1.9 trillion relief package, calls for gradually increasing the hourly wage in increments until it hits $15 in 2025. After that, it would be indexed to median wage growth -- a move meant to guarantee wages keep up with inflation without needing new legislation.

Minimum wage, currently $7.25, has not been increased since 2009.