WASHINGTON, D.C. (KFVS) - U.S. Senators Dick Durbin and Tammy Duckworth are supporting a bill that would raise the federal minimum wage to $15 per hour by 2024.
Senate Democrats introduced the Raise the Wage Act on Thursday, Jan. 17.
The measure would also phase out the sub-minimum wages for tipped workers. This would ensure that all workers are paid, at least, the full minimum wage.
Currently, the federal minimum wage is $7.25.
If approved, the Act would gradually increase the minimum wage to $15 over the next six years.
According to Sen. Durbin and Sen. Duckworth’s offices, the Economic Policy Institute states that roughly 40 million people nationwide would receive a minimum wage raise if the Act is passed.
In Illinois, approximately 2.3 million workers right now reportedly earn lest than $15 per hour.
To learn more about the bill click here.