Ny Gets Closer To Hiking The Minimum Wage

03.06.13 | Sarah Harnisch

The New York State Assembly passed a bill to increase the minimum wage from $7.25 to $9 an hour, putting pressure on the Senate and Governor Cuomo to support the measure. Assembly Speaker Sheldon Silver said the minimum wage should be increased independent of federal action. The bill would increase the minimum wage to $9 an hour in January and tie future raises to the rate of inflation. However, Senate Majority Leader Dean Skelos has warned that the minimum-wage increase could hurt businesses in New York, and business groups have railed against the measure. Skelos and Senate republicans on Monday proposed tax breaks for the middle class. It's not known right now if the bill will pass the Senate.