Biden introduced the minimum wage provision in a speech laying out his priorities for a tax-payer funded stimulus package to tackle the damage wreaked on the economy by the CCP (Chinese Communist Party) virus, commonly known as the coronavirus.
According to a July 2019 estimate by the Congressional Budget Office, raising the federal minimum wage to $15 would lead to the loss of 1.3 million jobs while boosting the wages of 17 million workers.
