Chairman Scott Celebrates the House Passage of the Raise the Wage Act
WASHINGTON, DC – Chairman Bobby Scott (VA-03) issued the following statement after the House voted to pass the Raise the Wage Act, which gradually raises the minimum wage to $15 by 2025.
“Today, House Democrats took a major step toward raising wages for up to 33 million American workers. After more than 10 years with no increase in the federal minimum wage – the longest stretch in history – the minimum wage is now a poverty wage everywhere in America. The Raise the Wage Act reflects the basic idea that hardworking Americans working full-time should not live in poverty.
“According to the Congressional Budget Office’s review of a similar proposal, the Raise the Wage Act would lift roughly 1.3 million Americans out of poverty, including 600,000 children.
“But the Raise the Wage Act is not only good for workers, it is good for the economy. When we put money in the pockets of workers, they will spend that money in their local economies. Gradually increasing the minimum wage to $15 by 2025 will stimulate economic growth, particularly in struggling communities.
“I commend my colleagues for taking this important step towards creating an economy that works for everyone. Now, Senate Republicans must decide to either stand with American workers or turn their backs on hardworking people across the country.”