Congress considers raising federal minimum wage

March 2007
Journal of Property Management;Mar/Apr2007, Vol. 72 Issue 2, p5
Academic Journal
The article reports on the proposal by Congress on raising the federal minimum wage in the U.S. Speaker of the House Nancy Pelosi and colleagues proposed that the federal minimum wage will be raised from $5.15 to 7.25 per hour. President George W. Bush is supporting the increase but the House and the Senate has not voted on the issue. The increase is expected to affect less than three percent of the workers.


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