According to a CBO report, raising the minimum wage to $15 would cost 1.3 million Americans their jobs. FOX Business’ Kristina Partsinevelos, Capitalist Pig Hedge Fund manager Jonathan Hoenig, FoxNews.com columnist Liz Peek and Kaltbaum Capital Management President Gary Kaltbaum react to the report.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

Watch more Fox Business Video: https://video.foxbusiness.com

Watch Fox Business Network Live: http://www.foxnewsgo.com/

Watch full episodes of FBN Primetime shows

Lou Dobbs Tonight: https://video.foxbusiness.com/playlist/longform-lou-dobbs-tonight

Trish Regan Primetime: https://video.foxbusiness.com/playlist/longform-trish-regan-primetime

Kennedy: https://video.foxbusiness.com/playlist/longform-kennedy

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