The current federal minimum wage in the United States stands at an outdated $7.25 per hour, a rate that has remained unchanged since July 24, 2009. It's alarming to note that this rate fails to meet the economic demands of today's workforce, leaving millions of full-time workers struggling below the poverty line. With inflation and the cost of living on a continuous rise, there is an urgent and undeniable need to adjust the federal minimum wage.

We propose a significant increase to $20 per hour, which would provide a livable wage for workers across the nation and uplift countless families out of poverty. This increase would stimulate local economies by empowering workers with more spending power, thus benefiting businesses as well. Statistics from the Economic Policy Institute highlight that a fair minimum wage can reduce poverty and enhance worker productivity and morale.

Furthermore, it is imperative that any new legislation includes a provision for regular adjustments that correlate with the cost of living. This would ensure that the minimum wage remains fair and accurate in reflection of economic realities, preventing the need for constant legislative battles every few years.

The wealth disparity in America is widening, with CEO compensation growing at a rate of 940% from 1978 to 2018, while the typical worker’s compensation grew just 12%. This is a stark indicator that immediate action is necessary not only to close this gap but to create a more equitable economic environment where all workers can thrive.

Congress, it's time to ensure that America’s workforce is adequately compensated for their hard work and dedication. We call on our legislative leaders to present a bill that raises the federal minimum wage to $20 per hour and includes a mandatory provision for future increases in line with the cost of living.

Join us in this crucial movement towards fairness and economic justice. Sign the petition and let your voice be heard.