TRENTON – Speaker Sheila Oliver said today that the governor’s attempt to tie a minimum wage hike to restoration of the earned income tax credit is “unacceptable.’’
Just before the start of an Assembly voting session, Oliver reiterated that as a result of Gov. Christie’s conditional veto of the minimum wage increase bill, the matter will go before the voters in November.
In his CV, Christie urged the Legislature to phase in a $1 hike over three years and said he would institute a 25 percent increase to the EITC.
Oliver said Christie’s compromise, to make residents wait three years for a $1 increase, is “unacceptable,’’ and as a result, “we will have this on the ballot in November.”
She also decried the opponents who claim this increase, tied to a cost of living annual hike, would hurt the economy.
She said that “all of the anxiety about businesses not hiring’’ if the hike went through is not supportable. There are many other states that have raised the minimum wage and are thriving, she said.
She said restoration of the EITC is a separate issue and cannot be linked to a hike in the minimum wage.