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By Dani Romero
Yahoo Finance, August 6, 2022

It's been 13 years since Congress raised the federal minimum wage, the longest period without an increase since 1938. ...

The Biden administration has advocated for a $15 federal minimum wage, which would lift the pay for 32 million Americans. Earlier this year, President Biden signed an executive order requiring a raise for federal contractors to $15. ...

Some small businesses have backed a minimum wage hike too ...

"Paying a living wage is the right sort of business decision to make," said John Schall, a taqueria owner in Boston, Pennsylvania, and New Jersey. "It's not just the right moral and ethical decision. It's the right business decision as well." ...

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