New York Times (06/06/12) Rebecca Berg
U.S. Rep. Jesse Jackson Jr. (D-IL) has proposed a bill that would immediately hike the federal minimum wage from $7.25 per hour to $10. He believes increasing the minimum wage could encourage spending and ultimately give the economy a boost. Some observers do not think the bill will be put up for a vote given the upcoming election, but Jackson hopes to jump-start a discussion of the issue.
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