Fair Minimum Wage Act Of 2007
Mr. Speaker, I am proud to stand before you today in support of H.R. 2, the Fair Minimum Wage Act of 2007. It is essential that we ensure that all Americans are able to maintain a decent standard of living, guaranteed in part by real…
Mr. Speaker, I am proud to stand before you today in support of H.R. 2, the Fair Minimum Wage Act of 2007. It is essential that we ensure that all Americans are able to maintain a decent standard of living, guaranteed in part by real living wages that reflect today's economic realities.
With rising health care, energy, and education costs, America's hardworking families are being forced to do more with less. While Congress has failed to raise the minimum wage over the past 10 years, it hasn't failed to raise its own pay. Since 1997, congressional pay has increased $31,600. This is simply unjustifiable.
America is the most prosperous nation in the world. It is unconscionable that someone can work full-time and still live in poverty. Working full-time, a minimum wage earner will only bring home $10,712 this year. This is $6,000 below the poverty level for a family of three. More than 125,000 Wisconsin workers would directly benefit from this legislation.
While it is vital that we help the most vulnerable in our society, we must also ensure the livelihood of main street America's small businesses. These small businesses form the cornerstone of our economy and are essential to the well-being of our communities. That is why it is important that any increase in the minimum wage be implemented gradually.
I believe H.R. 2 accomplishes that by raising the minimum wage in a manner that will help the least fortunate while simultaneously protecting small business owners from sharp payroll increases. Sixty days after this legislation is enacted, the minimum wage would increase to $5.85 per hour. One year later, it would rise to $6.55 per hour and reach $7.25 a year after that.
The American public supports raising the minimum wage. In November, six States passed minimum wage ballot measures. Currently, 28 States, including Wisconsin, have minimum wages above the Federal level. The time has come for Congress to listen to the States and the public and pass this important and overdue legislation.
I thank you Mr. Speaker, and urge all of my colleagues to do the right thing and give America's minimum wage earners a well-deserved raise.