President Barack Obama proposed a $9-an-hour national minimum wage in his State of the Union Speech. President and CEO of the Arizona Chamber of Commerce and Industry Glenn Hamer and State Sen. Linda Lopez will debate the proposal.
The unintended consequences from increasing the minimum wage to $6.75 are at the center of a conflict between groups advocating for the same people: disabled workers. Prior to the passage of the measure, disabled workers could be paid less than minimum wage depending on their capabilities. Some advocacy groups say disabled workers should be paid at least the minimum wage, others say the loophole allowing lower wages give disabled workers the opportunity to be employed. A bill circulating at the state legislature would allow disabled workers to earn less than the minimum wage. We look at all sides of the issue.
This HORIZON installment offers a discussion about the proposition that would raise the minimum wage in Arizona to $6.75 from $5.15. Guests include Rebekah Friend, chairwoman of the Arizona Minimum Wage Coalition and Darcy Olsen, president and CEO of the Goldwater Institute.
It's a dose of medicine for consumers that's going to be painful at first. This month, your credit card minimum payments could double. That's because of new rules put in place by federal regulators to help people pay off credit cards, instead of just treading water. Learn more about the new rules.