Congress is considering a proposal that would raise the minimum wage to $10.10 an hour from its current $7.25—in three steps of 95 cents—then provide for automatic annual increases linked to changes in the cost of living. The legislation would also gradually raise the minimum wage for tipped workers—which currently stands at just $2.13 an hour—for the first time in more than 20 years, to 70 percent of the regular minimum wage.
“Millions of Americans clean our offices, wait on customers in restaurants and stores, and
provide care for our children, parents, or grandparents. Yet, despite all they do to keep our economy running, minimum wage workers earn just $7.25 an hour – not enough to pay the bills, much less aspire to the American Dream. Building the middle class in this country means building opportunity for workers earning at or near the minimum wage, who are falling further and further behind each day. They are working hard and playing by the rules, and they deserve a chance to build a better life for their families.
That’s why this legislation is so important"
“Raising the minimum wage is also about growing our economy. With an increase in the minimum wage, workers will have more money to spend. This is just basic economics: increased demand means increased economic activity. They will spend their money in their communities, giving a boost to Main Street and generating new jobs.” (Press Release)
"When you raise the price of employment, guess what happens? You get less of it," Rep. John Boehner said in response to a reporter's question about the president's proposal. "Why would we make it harder for small employers to hire people? Listen, I've got 11 brothers and sisters on every rung of the economic ladder. I know about this issue as much as anybody in this town. What happens when you take away the first couple of rungs on the economic ladder, you make it harder for people to get on the ladder. Our goal is to get people on the ladder and help them climb that ladder so they can live the American dream. "A lot of people who are being paid the minimum wage are being paid that because they come to the workforce with no skills," he continued. "This makes it harder for them to acquire the skills they need to climb that ladder successfully." Earlier, he told reporters, “Small businesses are the backbone of our economy, and it’s important for Congress to ensure a minimum wage mandate does not have a harmful effect on small employers’ ability to create jobs for working families." (Press Release)