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Congress Hikes Minimum Wage

National minimum goes to $7.25 by 2009, small business gets tax breaks

By Peter Fearon,  Newser Staff

Posted May 25, 2007 5:08 AM CDT

(Newser) – Congress has raised the national minimum wage for the first time in 10 years, from $5.15 to $7.25 per hour. The hike, part of a compromise between the White House and Congress over Iraq funding, will take effect in three stages over the...   Read full story »

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