Do you think we should have a Federal Minimum Wage?

This question is not a joke, it is deadly serious.

Per
https://www.cbo.gov/system/files/2021-02/56975-Minimum-Wage.pdf

the effects of raising the federal minimum wage would be as follows:

1. Increase in the Federal Deficit of $54 billion over the ten year period, 2021–2031.
2. Higher prices for goods and services.
3. Employment would be reduced by 1.4 million workers, or 0.9 percent, according to CBO’s average estimate.
4. The number of people in poverty would be reduced by 0.9 million.

You might argue this is the impact of raising the federal minimum wage, not having it in the first place. However, you can well imagine that any mandated cost has an impact.

So my question is: Other than benefitting some individuals, how exactly does the country fare with a federal minimum wage?