Congressional Budget Office: CBO Releases an Interactive Tool and Related Computer Code for Analyzing the Effects of Federal Minimum-Wage Increases

Congressional Budget Office: CBO Releases an Interactive Tool and Related Computer Code for Analyzing the Effects of Federal Minimum-Wage Increases. “Today, CBO released an interactive tool that allows users to explore the effects of policies that would increase the federal minimum wage, including the Raise the Wage Act (as passed by the House of Representatives on July 18, 2019) and options CBO analyzed in The Effects on Employment and Family Income of Increasing the Federal Minimum Wage. Users can also create custom policy options to examine how different approaches to changing the minimum wage would affect earnings, employment, family income, and poverty.”