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JAN 28, 2013 - Yahoo! News

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New Jersey governor vetoes minimum wage hike, suggests options

(Reuters) - New Jersey's Republican Governor Chris Christie on Monday conditionally vetoed legislation that would increase the state's minimum wage to $8.50 per hour from $7.25 and tie it to the consumer price index. Instead, Christie proposed a smaller rate increase to be phased in over three years, without linking future wage hikes to the index. Democratic leaders vowed to send their proposal to voters in November elections. Calling the bill "lopsided," Christie said in his veto letter to the state's Democrat-led legislature that its wage hike would doom small ... Read More

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