Analysis of information sources in references of the Wikipedia article "Congressional Progressive Caucus" in English language version.
Congressional Progressive Caucus — the liberal wing of the Democratic Party in the House
Raising the federal minimum wage to $15 an hour by 2025 would increase wages for at least 17 million people, but also put 1.4 million Americans out of work, according to a study by the Congressional Budget Office released on Monday.
Raising the minimum wage to $15 an hour would significantly reduce poverty and increase earnings for millions of low-wage workers, while adding to the federal deficit and cutting overall employment, according to a new study from the nonpartisan Congressional Budget Office. ... On one hand, the CBO estimated that raising the minimum wage to $15 an hour by 2025 would cost 1.4 million jobs and increase the deficit by $54 billion over 10 years. But it also estimated the policy would lift 900,000 people out of poverty and raise income for 17 million people — about 1 in 10 workers. Another 10 million who have wages just above that amount could potentially see increases, as well, the CBO reported.
