After reaching $10.10 in 2016, the minimum wage would be adjusted annually for inflation as measured by the consumer price index. ï® A â$9.00 optionâ would raise the federal minimum wage from $7.25 per hour to $9.00 per hour in two stepsâin 2015 and 2016.fter 2016, the minimum wage under the $10.10 option would increase slightly in the 2013 dollars shown in this figure because it would be indexed to the consumer price index, which would grow faster than the price index for personal consumption expenditures, CBO projects.