The 30 Cents Gap

A proposed $4.55 minimum wage earns a presidential veto

The issue was not whether to raise the minimum wage but by how much. Last week the effort faltered because neither Congress nor President Bush would give ground on a 30 cents-an-hour difference of opinion. On Tuesday Congress sent legislation to the White House calling for a $1.20-an-hour increase, to $4.55, by 1992. Less than an hour later, 35,000 ft. over Wyoming aboard Air Force One, the President vetoed the bill. Bush has insisted that $4.25 an hour is enough.

Minimum-wage workers have had no raise in eight years, and mounting prices have eroded their buying power. If the $3.35 wage...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!