Democrats to propose increase in minimum wage, send money to families with children

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CNBC Television published this video item, entitled “Democrats to propose increase in minimum wage, send money to families with children” – below is their description.

A new report by the Congressional Budget Office projects raising the minimum wage to $15 dollars an hour would cause 1.4 million jobs to be cut, but also lift 900,000 Americans out of poverty. Democrats also want to send hundreds of dollars to families with children every single month. Ylan Mui joins Shep Smith to discuss.

CNBC Television YouTube Channel

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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Minimum wage is the concept, in some jurisdictions enshrined in law, that employees should earn a minimum amount per hour worked.

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