Families would pay up to 43% more for childcare thanks to Biden’s $15 minimum wage

(SOURCE) – Increasing the federal minimum wage to $15 may be sold as a way to lift Americans out of poverty, but really it’s just another attempt to break the economy and spread the misery — just like every other Democratic plan.

Democrats are pushing for the increase as part of President Joe Biden’s proposed $1.9 trillion coronavirus relief package, ostensibly to help struggling families.

But according to Rachel Greszler, a research fellow in economics at the Heritage Foundation, a minimum wage hike would force families already struggling to pay more for daycare.

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