Increase the federal minimum wage in six annual steps, from $7.25 per hour to $15 per hour, and then adjust the wage annually thereafter to keep pace with the median hourly wage
Increase spending subject to appropriation by increasing the wages of some federal workers
Increase off-budget direct spending by increasing the wages of some postal workers
Impose intergovernmental and private-sector mandates by requiring employers to pay a higher minimum wage to employees who are covered under the Fair Labor Standards Act
Estimated budgetary effects would primarily stem from
Increasing the wages of some federal employees
Areas of significant uncertainty include
Projections of increases in the median hourly wage and wage growth for federal workers over the next decade
