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House Passes ‘Raise the Wage Act’ Spiking Minimum Wage to $15

Lawmakers in the lower chamber passed the 'Raise the Wage Act' in a 231 to 199 vote on Thursday which would raise the minimum wage to $15.

The House passes legislation which would raise the minimum wage to $15 dollars per hour after Democrats scrambled to garner support for the bill for months.

Lawmakers in the lower chamber passed the ‘Raise the Wage Act’ in a 231 to 199 vote on Thursday although the bill is unlikely to be taken up by the GOP-controlled Senate.

In the unlikely event it was passed by the upper chamber and signed by the president, it would spike the minimum wage to $15 by 2025.

Three GOP lawmakers supported the bill while six Democrats were against the measure.

Republicans have been clear the measure would counteract the president’s economic achievements and even unravel the overall unemployment metric.

White House Economic Adviser Larry Kudlow has voiced his opposition to the bill suggesting it would eliminate jobs and even lower wages.

Speaker Pelosi touted the measure saying it would allot raises for 33 million people and reduce poverty.

According to the Congressional Budget Office, in the even the measure was passed and signed by President Trump, as many as 1.3 million Americans could lose their jobs.

President Trump has already threatened to veto the bill if it made it to his desk.

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