Vice-Speaker B.J. Cruz Wants to Raise Minimum Wage by .95 Cents

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The Vice-Speaker says that he will introduce legislation on May first to increase the minimum wage.

Guam – Vice-Speaker B.J. Cruz wants to raise the minimum wage by 95 cents a year for two years.

 

 

 Cruz last raised the minimum wage with a bill he introduced in 2014. He originally wanted to raise the minimum wage by 95 cents a year for three years bringing minimum wage up to $10.10 an hour. After the business community testified that this would ruin the economy Cruz compromised. The minimum wage was raised by one dollar with the caveat that the Department of Labor provide an economic analysis of the effect that the raise had on the economy. DOL has yet to provide that analysis and now Cruz says in it’s absence he will introduce a bill to raise the minimum wage. “We’ve seen now that the unemployment rate has gone down more people are employed. The economy is up and the other day public health and social services released statistics on people on the social welfare programs and it shows that there are fewer people are on SNAP fewer people on housing subsidies and this completely contradicts what the Armageddon testimony was that was given,” said Cruz.

 

 The Vice-Speaker says that he will introduce legislation on May first to increase the minimum wage if he does not receive the economic analysis from DOL by the end of April.

1 COMMENT

  1. I’m trying to understand what our senator is trying to accomplish. He wants the minimum wage increased again? Why? So that employers have to fork out more money to their employees and then they turn around and raise their prices to make up for the loss in revenue. Way to go senator! You just made matters worse for the majority of us.

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