Monday, February 27, 2006

Katrina vs. Minimum Wage

Proclamation by the President: To Suspend Subchapter IV of Chapter 31 of Title 40, United States Code, Within a Limited Geographic Area in Response to the National Emergency Caused by Hurricane Katrina

A Proclamation by the President of the United States of America

1. Section 3142(a) of title 40, United States Code, provides that “every contract in excess of $2,000, to which the Federal Government or the District of Columbia is a party, for construction, alteration, or repair which requires or involves the employment of mechanics or laborers shall contain a provision stating the minimum wages to be paid various classes or laborers and mechanics.”

(b) The wage rates imposed by section 3142 of title 40, United States Code, increase the cost to the Federal Government of providing Federal assistance to these areas.

Helping the poor by repealing minimum wage.

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