Economics @ ITT

New Jersey Governor Vetoes Minimum Wage Increase

Posted in economics, employment, Policy Issues by ittecon on January 28, 2013

New Jersey Gov. Chris Christie R[epublican] today vetoed an increase in the minimum wage that was passed by the state’s Democratic senate. Using what’s known as a “conditional veto,” Christie sent the bill back saying he would sign it if certain changes were made, including: shrinking the increase from $8.50 to $8.25 per hour, phasing it in over three years, and eliminating a provision tying the wage to inflation.

via New Jersey Governor Vetoes Minimum Wage Increase | ThinkProgress.

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