Mitchell Responds to Congressional Budget Office's Minimum Wage Report
WASHINGTON – Congressman Paul Mitchell (MI-10) released the following statement after the nonpartisan Congressional Budget Office released a report predicting massive job losses if the federal minimum wage was increased to $15.
“This nonpartisan report shows that raising the minimum wage to $15 does more harm than good and could cost as many as 3.7 million jobs in the United States,” said Mitchell. “Real wage gains are created by sustained economic growth, not government mandates. I will continue working in Congress to increase economic opportunities by removing overly burdensome government regulations and supporting pro-growth policies like the United States-Mexico-Canada Trade Agreement (USMCA) and the Tax Cuts and Jobs Act, which has led to a booming economy, record low unemployment rates, and wages that continue to rise.”