The House just voted to give 33 million workers a raise—here's what has to happen to make it a reality

The House voted to give 33 million workers a raise last week—here's what happens next. (via CNBCMakeIt)

. That's because identical legislation would have to pass the Senate and then be signed into law by President Trump.

Mitch McConnell , the majority leader, said Thursday he will not be taking up the legislation in the Senate. And Thursday's House vote was far from bipartisan, with only three Republicans voting to pass it. Many Republicans cited concerns that a $15 federal minimum wage may cause significant job loss. A

released last week found that a mandatory $15 minimum wage may eliminate as many as 3.7 million jobs across the U.S. because companies will look to cut costs.at $7.25. In recent years, some cities and states have taken steps to increase local minimum wage statutes, but there are still 21 states where the minimum wage remains frozen at $7.25.

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