Dem Senator Wants A $25 Minimum Wage. Here’s What It Could Cost America.

The introduction of the Living Wage For All Act by Senator Chris Murphy (D-CT) and congressional allies is pushing a radical economic proposal: a federally mandated $25-per-hour minimum wage. While Murphy and his co-sponsors frame the legislation as a long-overdue correction, economic analysis reveals that this idea could carry devastating consequences for American workers, small ...