Congress is discussing the possibility of increasing the federal minimum wage. The passage of this could affect your business. as S. 460 would increase the wage to over $10.00 per hour from the current $7.25. The Obama Budget includes a new wage of $9.00.

Also, a companion bill in the House (H.R. 1010) has been introduced with 140 co-sponsors by Rep. George Miller (D-California). The Tom Harkin (D-Iowa) Bill, S. 460, has 30 co-sponsors in the Senate. Find more here.

 – Larry Innis