Minimum Wage
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A $7.25 Minimum Wage Would Be a Useful Step in Helping Working Families Escape Poverty
January 5, 2007
In the early 1990s there was basic agreement that parents working full time should not have to raise their children in poverty. While liberals and conservatives sometimes differed on the means to reach this goal, they agreed with the core principle. The yardstick used to measure achievement of this goal was whether a minimum-wage earner … -
Nine Years of Neglect: Federal Minimum Wage Remains Unchanged for Ninth Straight Year, Falls to Lowest Level in More than Half a Century
August 31, 2006
The federal minimum wage has remained at $5.15 an hour since September 1, 1997. So as of September 1, 2006, the minimum wage will have remained the same for nine years, while the costs of medical care, gasoline, and other necessities have grown considerably. Further, the minimum wage has fallen exceptionally far below … -
Comparing the House Minimum Wage and Estate Tax Proposals
Revised August 3, 2006
House leaders are following a legislative strategy that involves marrying an increase in the minimum wage to a sharp reduction in the estate tax. This approach juxtaposes policies that are aimed at two groups at opposite ends of the economic spectrum: minimum-wage workers for whom full-time work currently pays $10,700 a year, and individuals who … -
Buying Power of Minimum Wage at 51 Year Low
June 20, 2006
The minimum wage issue is heating up in Congress. This Congressional attention is long overdue. The federal minimum wage has remained at $5.15 an hour since September 1, 1997. So for nearly nine years the value of the minimum wage has eroded due to the effects of inflation, and the wage standard has … -
State Policies to Assist Working-Poor Families
December 10, 2004
Introduction For a large and growing number of Americans, having a job is not enough to lift them out of poverty. This report presents a menu of practical policy options that states can adopt to help working-poor families meet their basic needs and improve their lives. The number of people in working-poor families has grown significantly in the last two decades. In 2003, 13.1 …
