This State Could Soon Have the Country’s Highest Minimum Wage

TIME

Governor Andrew Cuomo proposed new minimum wages for New York State and New York City to combat the widening wage gap.

Move over, Washington state. The U.S. may soon have a new minimum wage king.

During his annual State of the State address on Wednesday, New York Governor Andrew Cuomo formally proposed raising the state’s minimum wage by the end of 2016 from its current $8.75 per hour level to $10.50, a figure that would give the Empire State the highest statewide minimum wage in the nation, moving past Washington’s $9.47 hourly rate. Cuomo also announced a new $11.50 minimum wage for New York City, accounting for the city’s high cost of living.

“The minimum wage is very simple,” Cuomo said on Wednesday. “We believe if you work full-time you should be able to pay the rent and pay for food and not live in poverty. That’s the basic promise…

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