The Push To Raise The Minimum Wage For All Americans

The Push To Raise The Minimum Wage For All Americans

President Barack Obama said he will focus his last three years in office on reducing income inequality in America. The pros and cons of one of the president's key proposals: raising the federal minimum wage.

Already this year, five states have raised their minimum wage. In a speech last week, President Obama vowed to make reducing income inequality a primary focus of his final years in office. He called on Congress to raise the federal minimum wage. Senate Democrats are promoting a measure that would hike it to just above $10 an hour. The U.S. Chamber of Commerce and many Republicans are opposed to any increase in the wage floor. They argue it would be bad for business, impede job creation and do little to help the poorest Americans. We talk about the arguments on both sides of the issue.

Guests

Norman Ornstein

resident scholar, American Enterprise Institute; co-author of "It's Even Worse Than It Looks."

Annie Lowrey

economic policy reporter, The New York Times.

Douglas Holtz-Eakin

president of the American Action Forum, chief economist and director of the Congressional Budget Office from 2003 to 2006.

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