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An Incremental Minimum Wage Increase

by Ct. GOP Rep. Chris Shays - 08/04/06 10:38 AM ET

The House bill took an important step forward in ensuring that hard-working Americans can support their families better and I am grateful the moderates’ were able to secure that vote. With this bill, minimum wage workers’ pay would have increased 41 percent to $7.25 per hour over the next three years. Economic research has shown that an incremental increase in the minimum wage — like the one passed by Congress in 1996 and passed the House — is the best way to ensure there is little to no impact on employment or prices.

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