[Congressional Record Volume 141, Number 24 (Tuesday, February 7, 1995)]
[House]
[Page H1288]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INCREASE IN MINIMUM WAGE LONG OVERDUE
The SPEAKER pro tempore. Under the Speaker's announced policy of
January 4, 1995, the gentleman from New York [Mr. Hinchey] is
recognized during morning business for 2 minutes.
Mr. HINCHEY. Mr. Speaker, I would like to commend the Clinton
administration for taking action on behalf of working Americans today
and raising the minimum wage.
The administration's action is long overdue and I hope this wage
increase will help the working families of my district--and the
Nation--to share in the economic recovery that we read so much about.
According to the Labor Department, the Employment Cost Index, which
measures the wages, salaries and benefits paid to American workers,
rose by only three-tenths of 1 percent during the past 12 months--the
smallest annual increase on record.
This means that wages and benefits have failed to rise in response to
economic growth and lower unemployment.
This is not a normal economic recovery in which wages rise as the
economy picks up steam.
The Federal Government has few opportunities to improve the wages and
benefits of America's labor force and subsequently improve the quality
of life of working Americans. Adjusting the minimum wage is one method
available.
Today, I applaud President Clinton for attempting to deal directly
with the declining standard of living for working Americans.
An increase in the minimum wage is long overdue and I support
President Clinton's effort to strengthen the economic outlook for
working families.
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