U.S. Rep. Lawrence Highlights Raise the Wage Act Report
Detroit, MI - Today, U.S. Representative Brenda L. Lawrence (MI-14) shared a report by the Economic Policy Institute (EPI) that analyzed the benefits of the Raise the Wage Act. Rep. Lawrence is an original co-sponsor of the legislation which she and her colleagues reintroduced last week. According to the report, increasing the minimum wage to $15 would benefit approximately 1.3 million Michiganders, including 92,000 people (31 percent of workers) in Michigan’s 14th Congressional District.
“House Democrats have been fighting to raise the minimum wage because we know it would benefit workers in Michigan and across the United States, and this economic analysis affirms that,” said Rep. Lawrence. “If the Raise the Wage Act was enacted into law, 92,000 workers in my district would see a wage increase and the racial and gender wage gaps would narrow. Congress should not wait any longer to pass this much-needed bill. It’s good for our workers, our economy, and our country.”
Highlights from EIP’s report include:
- Gradually raising the federal minimum wage to $15 by 2025 would lift pay for nearly 32 million workers—21 percent of the U.S. workforce;
- Affected workers who work year round would earn an extra $3,300 a year—enough to make a tremendous difference in the life of a cashier, home health aide, or fast-food worker who today struggles to get by on less than $25,000 a year;
- A majority (59 percent) of workers whose total family income is below the poverty line would receive a pay increase if the minimum wage were raised to $15 by 2025;
- Nearly one-third (31 percent) of African Americans and one-quarter (26 percent) of Latinos would get a raise if the federal minimum wage were increased to $15;
- Almost one in four (23 percent) of those who would benefit is a Black or Latina woman; and
- The majority of workers who would benefit are adult women—many of whom have attended college and many of whom have children.