They then added a COLA adjustment to it, but it hasn't kept up with the cost of inflation. My proposal is a $20 minimum wage, $17 in 2026. I believe it will boost the economy. I believe 1 million workers will benefit [from the proposed minimum wage increase]. and it will be a stimulative initiative. When I passed $15, which was the highest in the United States, everybody said, oh, it's going to be crushing for businesses. (12:05–12:10)
CLAIM
Asserts that 1 million workers will benefit from the proposed minimum wage increase.
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