Senator Bernie Sanders and Virginia Congressmember Bobby Scott introduced the Raise the Wage Act of 2023 Tuesday, which would increase the federal minimum wage from $7.25 to $17 an hour by 2028. The minimum wage was last raised 14 years ago. Sanders called $7.25 a “starvation wage,” adding, “In the year 2023, a job should lift you out of poverty, not keep you in it.”