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News Wrap: CBO report finds $15 minimum wage would reduce poverty, raise the deficit

In our news wrap Monday, a Congressional Budget Office report found President Biden’s plan to increase the minimum wage to $15 would reduce poverty but raise the federal deficit, Texas Rep. Ron Wright becomes first sitting member of Congress to die of COVID-19, vaccinations in the U.S. are picking up speed, and the corruption trial of Israeli Prime Minister Benjamin Netanyahu resumes.

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