Press Release from the Democratic Party of Tennessee, March 12, 2014:
Tennessee Democrats Tout Slashing Welfare Rolls and Taxes by Raising Minimum Wage
Herron: “Better Paychecks Mean Fewer Welfare Checks”
A new study by scholars from the Institute for Research on Labor and Employment (IRLE) finds that if the minimum wage was raised, tens of thousands of Tennesseans would no longer be on food stamps.
“Better paychecks mean fewer welfare checks. Paying Tennesseans a fair wage for an honest day’s work is economically sound and morally just. This new research shows that it’s also fiscally responsible,” said Tennessee Democratic Party Chairman Roy Herron.
Scholars Michael Reich and Rachel West found that if the minimum wage in Tennessee was raised from the current $7.25 per hour to the $10.10 per hour proposed in Congress, as many as 90,000 Tennesseans would come off of the Supplementary Nutrition Assistance Program (SNAP). The food stamp program’s enrollment in Tennessee would be slashed almost 7%.
“Republican legislators are blocking a dollar increase in the state minimum wage, and congressional Republicans are blocking raising the federal minimum wage,” Herron said. “Republicans may say they are fiscally responsible, but their actions speak louder than their words, and Tennessee taxpayers are paying for their mistakes.”
For more information and details on the study, please go to http://www.americanprogress.org/wp-content/uploads/2014/03/MinWage-report.pdf