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Georgetown University

WHY IT MATTERS: Minimum wage

THE ISSUE: Modest income growth for most Americans, strikes by fast-food workers, and the rapid growth of low-paying jobs at the same time middle-income work shrinks have combined to make the minimum wage a top economic issue for the 2016 campaign. Millions could benefit: Raising the federal minimum wage from $7.25 an hour to $12 would lift pay for 35 million workers, or 1 in 4 employees nationwide, according to the liberal Economic Policy Institute. But it would also boost costs for employers and may slow hiring. And it could lead to higher prices at clothing stores and restaurants and for other services.

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WHERE THEY STAND

Both candidates have struggled to...

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