Webb Applauds Passage of Bill to Raise Minimum Wage
The following is a statement from Senator Jim Webb in response to the Senate's passage of the minimum wage bill. The Senator was an original co-sponsor of the legislation.
"Raising the minimum wage is one of the centerpieces of my economic fairness agenda. As an original co-sponsor of the legislation, I am pleased that Congress voted to increase the minimum wage for the first time in ten years.
"Members of Congress have increased their own salaries eight separate times in the past decade. Today's increase to the minimum wage is long overdue for our hardworking American families.
"While corporate profits are at an all-time high, wages and salaries, as a percentage of GDP, are at their lowest level in history. Raising the minimum wage is an important first step in shrinking this disparity."
http://webb.senate.gov/record.cfm?id=268389&&