minimum wage

A new government report confirms: Wages and prices are going their separate ways.

This breakup is helping consumers on the rebound from recession.

Fresh evidence of the split came Monday in the Commerce Department's monthly report on personal spending, income and saving. It showed paychecks are fatter, prices are leaner and Americans are saving more.

401kcalculator.org / Flickr (Creative Commons License)

A bill that would increase Kentucky’s minimum wage to $10.10 over the course of three years has passed the state House of Representatives. 

Besides electing lawmakers Tuesday, voters settled ballot initiatives affecting everything from soda-pop taxes to fracking to marijuana sales.

The outcomes varied, but there was one economic issue that united voters. Overwhelmingly, they approved raises for minimum-wage workers.

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Kentucky rounds out the top ten states that would benefit most from a higher minimum wage according to a new report from a non-profit that works to fight poverty and injustice.

Oxfam America finds 372,000 Kentuckians, more than 22 percent of the working population, would benefit from a $10.10 minimum wage. 

Kentucky’s two U.S. Senators have helped defeat an effort to raise the federal minimum wage.

Republicans Mitch McConnell and Rand Paul joined almost every other GOP Senator Wednesday in voting against a bill that would have boosted the minimum pay level for federal workers to $10.10 an hour by 2016, up from the current rate of $7.25.

Leach on Congressional Campaign, Minimum Wage

Apr 18, 2014
http://www.ronleach4ky.com/

The man hoping to be the first Democrat to represent Kentucky’s second U.S. House seat since 1994 says he decided to run for Congress while overseas. Ron Leach is a retired Army major and former special forces medic who lives in Meade County.

Minimum Wage Increase Clears KY House

Feb 7, 2014
Kentucky LRC

After more than two-and-a-half hours of debate, the Kentucky House passed a bill Thursday afternoon that would raise the state’s minimum wage from $7.25 an hour to $10.10.

The issue drew impassioned speeches from supporting lawmakers. 

After a call from President Barack Obama to “give America a raise” in last night’s State of the Union address, a new brief from a Kentucky economic think-tank says that a raise in the minimum wage would benefit about 1 in 4 workers and reduce child poverty.

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Kentucky state Rep. Will Coursey of Symsonia wants the state to raise the minimum wage for tipped employees. 

The three-term Democrat’s bill would first boost the wage from $2.13 per hour to $3.00 if passed this session. Then starting July 2015 the minimum wage would increase by 95 cents each year until it is 70 percent of the hourly minimum wage of non-tipped employees - currently $7.25.

What to Expect from the 2014 Kentucky General Assembly

Jan 7, 2014

As temperatures in Kentucky slowly climb out of the polar abyss, so too will state lawmakers emerge from their districts and trek to Frankfort for the opening day of the 2014 regular session of the Kentucky General Assembly.

The session starts Tuesday.

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