$15 Dollar Minimum Wage Legislation Released

Democrats in Congress released new details on legislation that would lift the minimum wage to $15 dollars in phases over five years. (Wall Street Journal)

Democrats say raising the minimum wage will help lift the lowest-wage workers out of poverty and give them more spending power. The proposal matches a level long backed by labor unions.

Many low-wage workers, such as those working in retail or hospitality jobs, often qualify for government assistance despite having a job.