BUSINESS + ECONOMY

Federal minimum wage could increase IF a new bill passes

Sep 13, 2023, 2:06 PM | Updated: 2:41 pm

FILE - Glass jar with coins on table, closeup. (Adobe Stock)...

FILE - Glass jar with coins on table, closeup. (Adobe Stock)

(Adobe Stock)

SALT LAKE CITY — The Federal minimum wage could go up to $11 an hour — if a new bill co-sponsored by Senator Mitt Romney (R-UT) gets a thumbs up from Congress. That is a $4 increase. 

The legislation called the “Higher Wages for American Workers Act” would give companies with more than 20 employees up to four years to gradually increase the current minimum wage of $7.25 to $11.  Businesses with fewer than 20 employees could have more time.

In a news release, Romney said “the federal minimum wage has not been increased in more than a decade,” despite the continued rise in the cost of living.  This has left millions of Americans struggling to pay for essential services, like food and housing.

The new bill also takes aim at illegal immigration.  Romney and his co-sponsors U.S. Senators Tom Cotton (R-AR), Bill Cassidy M.D. (R-LA), Susan Collins (R-ME), Shelley Moore Capito (R-WV), and JD Vance (R-OH) added all employers would be required to use E-Verify to make sure only legal employees get the wage increase.

Romney stated higher wages are a major contributing factor in illegal immigration into the United States.  The Senators believe their bill will put more money into the pockets of legal workers. It will also discourage people from illegally immigrating across the border.

Related reading: 

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

Carla Smith founded and operates Cornerstone Academy in Arlington, Texas. Mandatory Credit: Kaileya...

Tami Luhby and Sydney Topf, CNN

America’s child care problem is about to get a lot worse. Here’s why

Financial aid for child care costs that became available during the pandemic are set to expire this week leaving parents and daycares scrambling.

6 hours ago

FILE - Demonstrators walk with signs during a rally outside the Paramount Pictures Studio in Los An...

Samantha Delouya

Writers Guild board votes to authorize members to go back to work

Leaders of the Writers Guild of America have unanimously voted to authorize its members to return to work following the tentative agreement reached Sunday.

21 hours ago

Image of Amazon logo. U.S. regulators and 17 states are suing Amazon over allegations the e-commerc...

HALELUYA HADERO AP Business Writer

Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers

The complaint is the result of a years long investigation into Amazon's businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history.

1 day ago

President Joe Biden is set to join members of the United Auto Workers union on September 26 in Wayn...

Betsy Klein and Nikki Carvajal, CNN

Biden makes a historic trip to Michigan to walk the picket line to show solidarity with striking UAW – and counter Trump

The trip comes as President Biden faces consistently low polling numbers on his handling of economic issues.

1 day ago

FILE - Demonstrators walk with signs during a rally outside the Paramount Pictures Studio in Los An...

Andrew Dalton

The Hollywood writers’ strike is on the verge of ending. What happens next?

Now that the nearly five-month-old Hollywood strike is nearly over, what happens next?

1 day ago

Dundee, a 4-year-old American pit bull mix, peers through his kennel at Salt Lake County Animal Ser...

Mariah Maynes

“Empty the Shelters” pet adoption event coming in October

BISSELL Pet Foundation has teamed up with animal shelters across the United States to host a reduced-fee pet adoption event in October.

2 days ago

Sponsored Articles

silhouette of a family looking over a lake with a bird in the top corner flying...

Bear Lake Convention and Visitors Bureau

8 Fun Activities To Do in Bear Lake Without Getting in the Water

Bear Lake offers plenty of activities for the whole family to enjoy without having to get in the water. Catch 8 of our favorite activities.

Wellsville Mountains in the spring with a pond in the foreground...

Wasatch Property Management

Advantages of Renting Over Owning a Home

Renting allows you to enjoy luxury amenities and low maintenance without the long-term commitment and responsibilities of owning a home.

Clouds over a red rock vista in Hurricane, Utah...

Wasatch Property Management

Why Southern Utah is a Retirement Paradise

Retirement in southern Utah offers plenty of cultural and recreational opportunities. Find out all that this region has to offer.

Human hand holding a protest banner stop vaping message over a crowded street background....

Prosperous Utah Communities

Utah’s Battle to Protect Youth from Vaping Epidemic Faces New Threat as Proposed Rule Threatens Progress

Utah's strict standards of nicotine levels in vaping products are at risk, increasing health hazards associated with use. Read more about how you can advocate for a better future for Utah's youth.

Aerial photo of Bear Lake shoreline with canopies and people camped out on the beach...

Visit Bear Lake

Last-Minute Summer Vacation Planning? Check Out Bear Lake!

Bear Lake is the perfect getaway if you are last-minute summer vacation planning. Enjoy activities with your whole family at this iconic lake.

close up of rose marvel saliva blooms in purple...

Shannon Cavalero

Drought Tolerant Perennials for Utah

The best drought tolerant plants for Utah can handle high elevations, alkaline soils, excessive exposure to wind, and use of secondary water.

Federal minimum wage could increase IF a new bill passes