“We need to increase the minimum wage because anyone working full-time in our country should be able to provide for themselves and their family,” McGinty said. “It is just wrong that people working hard every day stay mired in poverty and it is bad for our economy too since growth happens when people have money to spend. For decades, too many Americans have seen their wages stagnate even as the cost of living continues to go up. Increasing the minimum wage to $15 per hour over a four-year period would be a first step in addressing income inequality, lifting millions of Americans out of poverty, and boosting our economy.”
McGinty’s plan would gradually increase the minimum wage from $7.25 an hour to $15. After three months it would rise to $9, then $10.50 after a year, $12 after two years, $13.50 after three years and finally reach $15 in four years.
According to Salena Zito of the Tribune-Review, fellow Democratic candidate John Fetterman also supports a $15/hr minimum wage. Sestak is advocating for immediately raising the minimum wage to $10.12. Incumbent GOP Sen. Pat Toomey is against raising the minimum wage.
The minimum wage is a hotly debated issue in Democratic party circles. The party campaigned heavily on the issue during the 2006 midterms and we’re able to pass the latest increase the next year.
In his 2013 State of the Union Address, President Obama called for an increase to a $9.00 an hour minimum wage. In 2014, he proposed making it $10.10 and raised the wages of federal contractors to that level.
This year Senators Bernie Sanders, Elizabeth Warren and several others have advocated for a $15/hr minimum wage.