Skip navigation
powered by NBC News & National Journal
sponsored by 

Iraq veto could delay minimum wage increase

Expected to be a temporary detour

updated 10:21 a.m. ET April 30, 2007

WASHINGTON - An increase in the minimum wage is again being delayed because it's attached to the Iraq war spending bill that President Bush plans to veto.

It's been ten years since the last federal minimum-wage increase, and boosting it from five-15 to seven-25 per hour over the next two years was a key element of the Democrats' midterm election platform.

Republicans say Democrats could have had a minimum-wage bill passed and signed by now if they hadn't added it to the Iraq war bill. But a scholar at the American Enterprise Institute says, "That's just a temporary detour." Alan Viard says Democrats will find a way to quickly move the minimum-wage legislation back to the White House.

Story continues below ↓
advertisement

Currently, a person working 40 hours per week at the current minimum wage makes about ten-thousand-700 dollars a year. An increase to seven-25 would boost that to just over fifteen-thousand a year.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sponsored links

Resource guide

Get Your 2008 Credit Score

Race the World. 8/31/08

Find a business to start

Movies delivered - Try free

Search Jobs

Find Your Dream Home

$7 trades, no fee IRAs

Find your next car