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Report: Minimum wage hike would cut food stamp spending by $4.6 billion/year

from The Washington Post

Raising the minimum wage from $7.25 to $10.10 an hour would reduce federal food stamp spending by $4.6 billion a year, according to a report to be released Wednesday by the liberal-leaning Center for American Progress.

Related: Highest minimum-wage state beats US in job creation (Bloomberg) more


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