Petitions for boosting Missouri's minimum wage and limiting payday loans have been submitted

They are fighting for increasing the minimum wage in the states but we have yet to hear from the President. Even Romney has come out in favor of increasing the rate. We know that raising the minimum would benefit the economy. So why has the President been silent since taking office?

Supporters of raising Missouri's minimum wage and limiting payday loans have submitted petitions to get the measures on the November ballot.

The minimum wage proposal would boost Missouri's minimum pay to $8.25 an hour starting 2013, with an annual cost-of living adjustment in subsequent years. Missouri currently follows the federal minimum wage of $7.25 per hour.

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