Minimum Wage Bill Passed - Bush to Sign

In addition to the authorization for the Iraq war through September, Congress passed out some raises when it passed a minimum wage hike. According to an article in the South Florida Sun-Sentinel, Congress passes minimum wage hike. It would go from the current $5.15 an hour to $7.25 in three phases:
  1. to $5.85 two months after the bill is signed into law,
  2. $6.55 one year later,
  3. and to $7.25 the following year.

President Bush is expected to sign the bill perhaps as early as today, which would mean the bill would go into effect near the end of July.

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