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I own a small business — this is what a $15 minimum wage means for me

·4 min read
I own a small business — this is what a $15 minimum wage means for me

After President Biden required federal contractors to pay a $15 minimum wage and Rhode Island inched closer to its own mandate, small-business owners held their breath. Congress is again likely to consider hiking the federal minimum wage, now $7.25, affecting the public and private sectors alike. There is a popular mandate for a $15 federal minimum wage.