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Archive for the 'Minimum Wage' Category
Aug 20, 2007
It's the August recess for members of Congress. So everyone's life, liberty and property is temporarily safe.
Well, almost everybody. Before they left town, this largely do-nothing Congress did one very bad thing. They hiked the minimum wage from $5.15 an hour to $7.25 an hour as of July, 2009. The 7 million or so workers who are affected by this change potentially face a double whammy: loss of a job, loss of health insurance or both!