The Presidential Daily Brief

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    House Democrats Pass $15 Minimum Wage

    The House voted 231-199 Thursday to pass a bill that would raise the federal minimum wage to $15, the first increase since reaching $7.25 in 2009. Three Republicans voted with Democrats for the Raise the Wage Act, which the nonpartisan Congressional Budget Office estimated would lift 1.3 million workers out of poverty.

    Will the Senate follow? GOP Senate Majority Leader Mitch McConnell says the chamber won’t even consider the bill because it would kill jobs — some 1.3 million according to the CBO, which also said higher wages can spur employers to automate more tasks.

    Read OZY’s look at wages lagging behind California’s cost of living.

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