Proposals from Biden moments ago:

[cstanleytech]

17. I hate the 15 dollar minimum wage proposal that keeps getting put out there.

Don't get me wrong, I fully believe that the majority of employers pay far to little but a 15 dollar minimum wage will get eaten up soon due to inflation and companies simply raising the price of their goods so we need to take a different approach.
My personal favorite is to raise companies with more than 100 people (and franchises like McDonalds count as corporate employees) taxes to 95% and then linking any reduction to their employees wages by making it so the more employees (those 18 and older) that they have that earn 400% over the federal minimum wage the lower their taxes.
So the companies get progressively lower and lower taxes (lowest would be 1%) but to get that low they need to have a 99% of their employees earning that 400%.
So why linking it to the official federal poverty level? Because as we have seen with Congress they can and have become corrupted due to corporate money and thus they will block raises for years if not decades for the federal minimum wage.