Friday, May 25th, 2007
New Federal Minimum Wage
Both the U. S. House and Senate have now passed the Fair Minimum Wage Act of 2007. Pres. Bush has promised to sign it. The Act will raise the federal minimum wage to $5.85, and then increase that to $6.55 one year later, and $7.25 the following year. Thus, by summer of 2009, the federal minimum […]