A bill to raise the state’s minimum wage passed out of the Illinois Senate Executive Committee Wednesday and is up for another vote in the full senate Thursday. The current minimum wage is 8.25 per hour and under the proposed new law, the wage would go up 50 cents an hour until it reaches $10.55. Our Springfield reporter Brittany Harris reports lawmakers argued for more than an hour whether the minimum wage should go to more
than 10 dollars an hour. Critics claim the hike would hurt business and their ability to hire new employees. But according to a January 2012 report by the Economic Policy Institute, Senate Bill SB 1565 would result in a net increase in economic activity of approximately $2.5 billion dollars and would generate an estimated 20,000 new jobs.