The author of a new study on the effect of increasing the federal minimum wage to $15 says that while the move would boost the incomes of some lower-wage workers, it will increase child care costs by as much as 43 percent in some states.
“It’s actually going to come back and end up hurting the people that these lawmakers are trying to help the most.” Rachel Greszler, a research fellow in economics, budget, and entitlements at the Heritage Foundation conservative think tank, said in an interview with NTD.