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The governor hastily signed legislation last week increasing the minimum wage to $9.25 an hour. Though this is certainly progress in the right direction, this will still keep a family of three under the federal poverty line, which is about $18,500 a year.
This was all done in an attempt to nullify the efforts of a proposed minimum wage ballot campaign to increase the wage to $10.10 an hour, which would lift a family of three above poverty by roughly $1,200.
Just think of what this could do for a family who could then better prepare for needs that arise, such as buying new school clothes for a child, being prepared for a medical emergency, or simply being able to pay their bills on time or in advance. (more…)