The Paycheck Fairness Act, recently approved by the House (247-178) aims to help end pay discrimination against women and close the pay gap that has persisted for decades between the sexes.
Despite the passage of the Equal Pay Act in 1963, women still earn only 76 cents to every dollar earned by a man (a lifetime income loss ranging from $400,000 to $2 million, according to one estimate). This, in spite of the fact that women are receiving degrees at rates higher than men and the number of dual-earner households in the United States is higher now than any other point in history.