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Business Insider

One map shows how much a $15 minimum wage would be worth in every state

A study from the UC Berkeley Labor Center found that nearly half of families who would see a pay bump rely on at least one such program like SNAP or Medicaid, and $100 billion in taxpayer money goes towards those families. A higher minimum wage would both put more money in families’ pockets, and provide some relief for those programs as those families would rely on them less.

Business Insider

Joe Biden’s plan to increase the minimum wage to $15 won’t just help workers: A new study finds that lower wages cost taxpayers over $100 billion a year

The study, which comes from the UC Berkeley Labor Center, found that the country’s current low minimum wage costs taxpayers more than $100 billion a year. That’s because nearly half of the working families who would benefit from the pay bump rely on at least one safety net program, such as SNAP or Medicaid.

Business Insider

One map shows how much a $15 minimum wage would be worth in every state

A study from the UC Berkeley Labor Center found that nearly half of families who would see a pay bump rely on at least one such program like SNAP or Medicaid, and $100 billion in taxpayer money goes towards those families. A higher minimum wage would both put more money in families’ pockets, and provide some relief for those programs as those families would rely on them less.

Business Insider

Joe Biden’s plan to increase the minimum wage to $15 won’t just help workers: A new study finds that lower wages cost taxpayers over $100 billion a year

The study, which comes from the UC Berkeley Labor Center, found that the country’s current low minimum wage costs taxpayers more than $100 billion a year. That’s because nearly half of the working families who would benefit from the pay bump rely on at least one safety net program, such as SNAP or Medicaid.