Editorials

CBO offers minimum wage reality check

By Washington Examiner
Published February 9, 2021 12:00am ET
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CBO offers minimum wage reality check
Democratic presidential candidate Sen. Bernie Sanders, I-Vt., gestures while speaking at George Washington University in Washington, Wednesday, June 12, 2019, on his policy of democratic socialism, the economic philosophy that has guided his political career. | (Andrew Harnik/AP)

As President Biden and Democrats kept pushing the absurd idea of increasing the minimum wage during a pandemic that has already adversely affected the service industry, the Congressional Budget Office delivered a needed reality check.

Democrats, led by Biden, would more than double the federal minimum wage, from its current $7.25 per hour to $15 per hour between now and 2025.

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Congressional Budget Office Minimum Wage Unemployment