Following President Barack Obama’s lead, Assemblyman Alec Brook-Krasny is leading the State Assembly’s initiative to raise the minimum wage from $7.25 to $9 per hour, according to a report by the Brooklyn Daily Eagle.
Last year, the Assembly passed a bill that raised the minimum wage to $8.50 per hour, but are now planning to amend the bill to match the raising rate of inflation and Obama’s national missive. Brook-Krasny stressed the importance of New York State taking the lead in this matter.
“While the national attention to this vitally important issue is encouraging, it’s essential that we don’t wait for Washington to take action. With overwhelming public support to increase the minimum wage here in New York State, we have to act now,” he told the Daily Eagle.
If the legislation is passed, the minimum wage will be raised to $9 per hour starting in January 2014. Food service workers who rely on tips will see their base pay increased to $6.21 per hour. The legislation will also index the minimum wage starting in 2015, so that every year, it’s adjusted to reflect the rate of inflation according to the Consumer Price Index (CPI).
While the bill is expected to pass in the Assembly, its future in the Senate will be tested by Republicans who argue that an increase in the minimum wage will limit job growth and weaken the economy. Brook-Krasny doesn’t agree.
“By increasing the minimum wage, working families will see a rise in their purchasing power and are likely to spend the money from their hard-earned paychecks at local businesses, helping strengthen our economy,” he said.