He has urged support for housing, education, food stamps, unemployment insurance and, his signature achievement, the Affordable Care Act, which commits $1 trillion over ten years to expand Medicaid and provide subsidies to help pay health insurance premiums.
A key part of the strategy has been to boost incomes of the working poor—those who work full-time but don’t earn enough to make ends meet.
Minimum Wage Increase—
One of the President’s new initiatives has been legislation to increase the federal minimum wage—from $7.25 an hour to $10.10. Someone working full-time at today’s minimum wage earns only about $14,500 a year. A $10.10 per hour minimum wage would represent a 40% increase, to $20,200,
Congressional Republicans so far have been cool to the idea, citing a…
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