Proposed New Minimum Wage Increase

Just days after the first increase in the minimum wage in 10 years, Democrats on Capitol Hill led by Sen. Edward Kennedy are discussing a further increase to $9.50 an hour.

Kennedy (D-Mass.), one of the original sponsors of the recently enacted minimum wage hike, announced this week his intention to propose legislation for a new increase, Laura Capps, a spokeswoman for the senator, said. The proposal, if passed into law, will aim to take effect in 2009 after the current minimum wage law expires.

This is good news for the people who are struggling to make ends meet with the cost of gas prices ever increasing, and the cost of pretty much everything else.

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