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CBO letter signals that Bernie Sanders’ minimum wage bill may be able to pass via reconciliation

Bernie Sanders minimum wage

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The Congressional Budget Office (CBO) — the government’s official budget scorekeeper — has said that the Raise the Wage Act of 2021 would have a sizeable impact on the budget. That means it may be able to clear the hurdle of the Byrd Rule and be passed through reconciliation.

The letter came in response to Sen. Bernie Sanders’ (I-Vt.) request for more information on the “breadth” of budgetary impacts from the legislation, which would raise the minimum wage to $15 by 2025, and how it stacks up to other legislation passed by reconciliation.

Sanders has details ⇒

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