Using already scheduled state and local minimum wages, EPI (2021) finds that the employment-weighted average minimum wage in 2025 would be $11.53. As a result, the 2021 Raise the Wage Act would raise the effective minimum wage by 30.1% to $15 in 2025. 10. FY 2019 appropriations for Housing Choice Vouchers were $20.3 billion.

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