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Wondering about the Minimum Wage?
A caller on today's show asked about John McCain's record on the minimum wage. I couldn't come up with the federal figure off the top of my head and we never established what it actually is. Right now, the federal minimum wage is $6.55 an hour, going to $7.25 next summer. The states are all over the place: Oregon's minimum wage is $7.95, Washington's is $8.07.
According to Barack Obama's website, he wants to raise the minimum wage to $9.50 an hour by 2011. It's not mentioned in John McCain's economic briefing paper but this truth-squad from the St. Petersburg Times and Congressional Quarterly offers a detailed look at his votes on the issue.
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