WASHINGTON – White House Senior Advisor to the President Valerie Jarrett predicted Wednesday that Congress would raise the minimum wage and called $10.10 per hour a reasonable proposal.
"Our economists are absolutely convinced it will grow the economy. People will feel more secure. People, if you put a little bit more money in their pockets and they're earning at the minimum wage, they're going to go out and spend that money. So we think it will," Jarrett said at a Politico "Morning Money" event.
"I can't tell you what the exact rate will be. We know that there is a proposal now to raise it to $10.10 over time, through 2016, and we think that that's fair, and we think that's reasonable," she added.
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