Current update on new minimum wage proposal

As of my knowledge cutoff in March 2023, there is no specific new minimum wage proposal that I am aware of. However, I can provide you with some general information on the current state of minimum wage laws in the United States and some recent developments.

Current Federal Minimum Wage: The federal minimum wage in the United States is $7.25 per hour, which has been in effect since July 2009. There have been several attempts to increase the federal minimum wage, but none have been successful.

State and Local Minimum Wage Laws: Many states and cities have implemented their own minimum wage laws, which are often higher than the federal minimum wage. As of January 2023, 30 states and the District of Columbia have a minimum wage higher than the federal minimum wage. Some cities, such as Seattle, San Francisco, and New York City, have implemented even higher minimum wages.

Recent Developments: In recent years, there have been several attempts to increase the federal minimum wage. In 2021, the House of Representatives passed the Raise the Wage Act, which would have gradually increased the federal minimum wage to $15 per hour by 2025. However, the bill did not pass the Senate.

In 2022, the Biden administration proposed a new minimum wage proposal, which would have increased the federal minimum wage to $15 per hour by 2025. However, the proposal was met with opposition from some lawmakers and was not included in the administration's budget proposal.

Current Efforts: There are currently several bills pending in Congress that aim to increase the federal minimum wage. One bill, the Raise the Wage Act, would gradually increase the federal minimum wage to $15 per hour by 2025. Another bill, the Fair Minimum Wage Act, would increase the federal minimum wage to $15 per hour by 2024.

It's worth noting that the minimum wage debate is ongoing, and there may be new developments in the future. I recommend checking with reputable sources, such as the U.S. Department of Labor or the National Employment Law Project, for the most up-to-date information on minimum wage laws and proposals.