Minimum Wage Jumps Up To $5.85

By: Associated Press
By: Associated Press
To join the conversation on this story and others, "like" our KKTV 11 News Facebook page!

More money today for those making the least. The federal minimum wage today goes up for the first time in ten years, jumping $0.70 to $5.85 an hour.

Colorado's minimum wage is already $1 over the federal level, at $6.85

It's the first of three $0.70 increases that will hike the minimum wage to $7.25 an hour by the summer of 2009.

The government says more than 1.5 million American workers made the old minimum wage of $5.15 cents an hour or less last year.

The increase is one of the few major legislative successes of the new Democratic-controlled Congress. President Bush signed the measure into law after the Democrats removed a provision calling for the withdrawal of U.S. troops from Iraq.

The bill also contains nearly $5 billion worth of tax relief for small businesses to help them hire new workers. The relief will also help offset the cost of the higher wage.

KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 8679212 -
Gray Television, Inc.