H.R. 9873, also known as the "American Stability Act," aims to amend the Fair Labor Standards Act of 1938 and the Internal Revenue Code of 1986. It primarily seeks to increase the federal minimum wage to $15 per hour, establish what is called a "stability wage," and provide...
Simple Explanation
H.R. 9873, or the "American Stability Act," wants to make sure people earn at least $15 per hour and change how taxes work, so that people who earn more pay a bit extra, while those who earn less might have to pay less.