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Forbes_USA_June_13_2017

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FAST-GROWING<br />

GOVERNMENT AID<br />

FILLS THE GAP . . .<br />

Since 2000, the U.S. population has grown about<br />

15%, but the number of people receiving food<br />

stamps (formally known as the Supplemental<br />

Nutrition Assistance Program) has climbed<br />

157%. Medicaid enrollment has doubled. Just<br />

Capital estimates that the retail industry gets the<br />

equivalent of a multibillion-dollar annual subsidy<br />

from the federal government because of the<br />

income-boosting effects of SNAP, Medicaid and<br />

other programs on retail employees’ finances.<br />

Total U.S. enrollees (millions)<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

2000<br />

2011<br />

2010<br />

2009<br />

2008<br />

2007<br />

2006<br />

2005<br />

2004<br />

2003<br />

2002<br />

2001<br />

2016<br />

2015<br />

2014<br />

20<strong>13</strong><br />

2012<br />

SNAP (food stamps)<br />

Medicaid<br />

Sources: Medicaid & CHIP Payment & Access Commission; USDA.<br />

BY THE NUMBERS<br />

Current minimum wage in the<br />

District of Columbia, highest in the<br />

U.S.:<br />

$11.50<br />

Legislated minimum wage in<br />

California for 2022:<br />

$15.00<br />

BUT GOVERNMENT<br />

LARGESSE IS<br />

IN DOUBT<br />

In April, Agriculture secretary<br />

Sonny Perdue told senators he<br />

wants to see SNAP’s food stamps<br />

administered “more efficiently and<br />

effectively.” It’s anyone’s guess<br />

how Congress and the Trump<br />

administration will ultimately<br />

resolve health care debates, but<br />

Medicaid cuts are an important part<br />

of many reform proposals.<br />

Expected effect of an early version of<br />

Trump’s health care bill on Medicaid outlays,<br />

according to the CBO.<br />

$0<br />

-25<br />

-50<br />

-75<br />

-100<br />

-125<br />

-150<br />

In billions of dollars<br />

2024<br />

2023<br />

2022<br />

2021<br />

2020<br />

2019<br />

2018<br />

<strong>2017</strong><br />

2026<br />

2025<br />

Sources: Congressional<br />

Budget Office; Staff of the<br />

Joint Committee on Taxation.<br />

CHARTS AND GRAPHS BY PETER AND MARIA HOEY FOR FORBES<br />

STATES RAISE THE MINIMUM WAGE<br />

While the federal minimum wage hasn’t budged from $7.25 an hour since 2009, many<br />

state-specified floors are significantly higher—and are slated to keep rising.<br />

Washington<br />

$11.00<br />

Oregon<br />

$9.75<br />

Nevada<br />

$8.25<br />

California<br />

$10.50<br />

Idaho<br />

$7.25<br />

Alaska<br />

$9.80<br />

Montana<br />

$8.15<br />

Utah<br />

$7.25<br />

Arizona<br />

$10.00<br />

Wyoming<br />

$7.25<br />

N. Dakota<br />

$7.25<br />

Colorado<br />

$9.30<br />

New Mexico<br />

$7.50<br />

Hawaii<br />

$9.25<br />

Minnesota<br />

$9.50<br />

S. Dakota<br />

$8.65<br />

Nebraska<br />

$9.00<br />

Sources: Department of Labor;<br />

National Conference of State Legislatures.<br />

Kansas $7.25<br />

Iowa $7.25<br />

Oklahoma<br />

$7.25<br />

Texas<br />

$7.25<br />

Wisconsin<br />

$7.25<br />

Missouri<br />

$7.70<br />

Michigan<br />

$8.90<br />

Illinois<br />

$8.25 Indiana<br />

$7.25<br />

Arkansas<br />

$8.50<br />

Louisiana<br />

$7.25<br />

New York<br />

$9.70<br />

Ohio<br />

$8.15<br />

Kentucky<br />

$7.25<br />

Tennessee<br />

$7.25<br />

Alabama<br />

$7.25<br />

Mississippi<br />

$7.25<br />

States that have committed to<br />

further minimum wage raises<br />

States with annual cost-of-living<br />

adjustments to their minimum wage<br />

New Maine<br />

Hampshire $9.00<br />

$7.25 Massachusetts<br />

Vermont<br />

$11.00<br />

$10.00<br />

Connecticut<br />

$10.10<br />

Rhode Island<br />

$9.60<br />

Pennsylvania New Jersey $8.44<br />

$7.25<br />

Delaware $8.25<br />

W. Virginia<br />

Maryland $8.75<br />

$8.75 Virginia<br />

$7.25 D.C. $11.50<br />

N. Carolina $7.25<br />

Georgia<br />

$7.25 S. Carolina $7.25<br />

Federal<br />

Minimum<br />

Wage:<br />

$7.25<br />

Florida<br />

$8.10<br />

JUNE <strong>13</strong>, <strong>2017</strong> FORBES | 97

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