Iowa House Raises Minimum Wage
As former Eric Palmer campaign manager, Mark Langgin, notes over at Bleeding Heartland. Iowa House Democrats have passed an increase in minimum wage yesterday. One of the first of many pieces of important legislation that Iowa State House will pass now that it has a Democratic majority. It looks like one of the next bills to be passed is one to that will restrict loan companies from offer car title loans at usurious rates of interest. These loans victimize working people without easy access to credit and charge interest rates as high as 360% a year. The bill would cap interest rates on these loans at 21% a year. This is the type of pragmatic and progressive legislation that makes a real difference in the lives of working people. Eric Palmer and the rest of the Iowa House Democrats have had a great start and I expect that they’ll pass more important and progressive legislation over the next few months.
1 comment January 24th, 2007
