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What you need to know for 01/21/2017

Assembly expected to approve $9 an hour minimum wage

Assembly expected to approve $9 an hour minimum wage

New York’s Assembly is poised to vote on increasing the minimum wage to $9 an hour, putting pressure

New York’s Assembly is poised to vote on increasing the minimum wage to $9 an hour, putting pressure on Senate’s Republicans who are seeking business tax cuts in a potential legislative deal.

The Assembly’s Democratic majority was expected to easily pass the increase. But closed-door negotiations are under way between Assembly Speaker Sheldon Silver, Gov. Andrew Cuomo, and the Senate majority leaders.

Senate Republicans this week proposed a series of tax breaks for employers that would total $2 billion in cuts in the state budget now being negotiated.

The minimum wage is now $7.25 an hour.

Among the proposals being floated by legislative leaders is raising the wage to $8.50, then $8.75, then $9 over two or three years.

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