This document summarizes the key issues around raising the federal minimum wage in the United States. It begins by defining a living wage and outlining the current federal and state minimum wages. It then discusses who would benefit from a wage increase, including many adults with some college education working full-time. The benefits cited include increased consumer spending and economic growth. Potential drawbacks include possible job losses. Social workers advocate for raising minimum wage to help reduce poverty. The document concludes by recommending increasing the minimum wage to $15 per hour nationally to better enable people to afford basic needs like housing.