Group Says Minimum Wage Hike Would Be a Money Saver

A new study done by the "Center for American Progress" finds over 100,000 Michigan families would no longer have to be on food stamps if the state raised the minimum wage to $10.10 an hour. In turn the report found that would save government assistance programs over $200 million.

Those with the group "Raise Michigan" hope to get a proposal on a statewide ballot that would increase the wage from $7.40 to $10.10 an hour by January 2017. Backers say if approved it would also ensure the minimum wage keeps up with the cost of living based on the Consumer Price Index.