Press Releases

News from EPI Media Advisory: How Raising the Minimum Wage Would Cut Public Assistance Spending

On Thursday, October 16 at 11 a.m., the Economic Policy Institute will hold a media teleconference to release a new study from economic analyst David Cooper, which examines how raising the minimum wage to $10.10 will translate to fewer workers relying on public assistance programs.

It’s clear that raising the minimum wage is a policy that benefits workers, the economy, and taxpayers. Low-wage employers are subsidized by the government. Raising the minimum wage will mean spending less money on government assistance for low-wage workers will save taxpayers billions of dollars—money that can be re-purposed into either new programs or expansions of existing safety net programs.

What: Press call to release new study on the minimum wage and public assistance
Who: Economic Policy Institute economic analyst David Cooper
When: Thursday, October 16, 2014
11:00 a.m. Eastern
Call-in Number: 800-311-9402
Passcode: 9796

To RSVP and receive an embargoed copy of the paper, email