CHICAGO - Gov. Pat Quinn (D) wants to increase the state's minimum wage nearly 20%.
He visited St. Pius V Church in the windy City with a message: he wants to raise minimum wage from $8.25 to $10/hr. Quinn says doing so would help fight poverty and drive economic growth.
"No one should work 40 hours a week and live in poverty" Quinn said. "Multiple studies have shown, this common-sense proposal is good for workers and the economy."
Raising wages is the first step, then raises would be tied to the cost of living thereafter.
Quinn first mentioned raising minimum wage during his State of the State address. According to Quinn's administration, a full-time minimum wage worker makes about $16,600 per year, which is actually below the Federal Poverty Threshold of $17,916 for a family of three.
According to the Federal Reserve Bank of Chicago, an increase of $1 in minimum wage would generate an additional $3,000 in spending per household.
In our nation's capital, the city council of Washington, D.C. voted to increase their minimum wage to $11.50/hr.