Dec 4, 2013 ... Today, at the federal minimum wage of $7.25 per hour, working 40 hours per  week, 52 weeks per year yields an annual income of only $15,080. As shown in  the figure, this is below the federal poverty line for families of two or more. If the  federal minimum wage were raised to $10.10 per hour, as Sen.
Sep 24, 2014 ... If you have a job that pays the federal minimum wage, an hour of your work is  worth $7.25, before taxes. Activists and ... The number of people who would have  been lifted out of poverty under the plan to raise the minimum wage to $10.10  over three years, according to a study published late last year.
Mar 13, 2013 ... Raising the federal minimum wage to $10.10 would give working families, and  the overall economy, a much-needed boost. Report • By David Cooper and ...  Annual earnings are calculated assuming workers work full time (40 hours per  week) and 52 weeks per year (i.e., with no vacation). Minimum wage is ...
Mar 6, 2014 ... The debate over raising the minimum wage has been a hot topic after President  Obama explained in his 2014 State of the Union Address that he intends to raise  the minimum wage from $7.25 to $10.10 per hour, an increase of over 40 percent . While the President and his supporters claim that this increase ...
Mar 20, 2017 ... An individual is classified as living in poverty if they make less than $12,082 a  year. A Texas resident working 40 hours a week at the minimum wage would  make just about $3,000 more than that, but that's still low enough to qualify for  some government assistance programs, the Democrats pointed out.
If you work 40 hours a week at the proposed minimum wage of $10.10 an hour, "you get out of poverty."