July 21, 2007 | ||
CONGRESSMAN AL GREEN ASSERTS JULY 24th INCREASE IN MINIMUM WAGE WILL BRING AMERICAN WORKERS A STEP CLOSER TO THE AMERICAN DREAM | ||
Minimum Wage to Increase on July 24th, Marking the First Federal Increase in a Decade |
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Houston, TX – Congressman Al Green (TX-09), today, joined ACORN and the Harris County AFL-CIO to highlight the positive impact the increase in minimum wage will have on Houstonians. On July 24th, millions of Americans will get a¬n increase in pay. It has been 10 years since American workers have seen an increase in the federal minimum wage. Nearly 13 million hard-working Americans and over 1.7 million Texans will benefit from raising the federal minimum wage by $2.10 – from $5.15 to $7.25 an hour over two years. On July 24th the minimum wage will raise to $5.85, one year later it will increase to $6.55, and one year after that it will increase to $7.25. “The average American CEO earns more before lunchtime in one day than a minimum wage worker earns all year. The inequality in this country is only getting worse. The difference between the ‘haves’ and ‘have-nots’ is growing,” continued Congressman Green. “The increase of $2.10 an hour will give families an additional $4,400 a year to meet critical needs. That’s 15 months of groceries, over two years of health care, 19 months of utilities, or 20 months of child care. As a result of the nearly $4,400 a year increase in the minimum wage millions of hard working Americans can move closer to earning a decent day’s wages for a decent day’s work.” |
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