U.S. Rep. Mike Michaud today was on the national Ed Shultz radio show to discuss the importance of raising the minimum wage both on the national and state level and his plan to strengthen Maine’s economy.
“Hardworking families are falling behind economically,” Michaud said after the interview. “The minimum wage hasn’t kept up with the costs of day-to-day living. We must enact policies that make sure working people are paid enough to support their families.”
On Monday, Michaud participated in a White House press conference call with Gene Sperling, the director of the National Economic Council, and two other members of Congress, to talk about the importance of raising the minimum wage.
Michaud supports raising the federal minimum wage, and increasing the Maine minimum wage is a key component of his Maine Made business and investment plan.
According to a new study from the Center for American Progress, increasing the federal minimum wage would reduce poverty and save the U.S. $46 billion in SNAP benefits over 10 years. Maine would see a $24.6 million reduction in necessary spending on SNAP, or food stamps, a year because of the wage increase.
“Helping to raise wages is good for Maine and good for the economy. It will put more money into the pockets of working families and help to lift more people out of poverty,” Michaud said.