As part of his budget plan, Governor Cuomo wants to raise the minimum wage to $10.50 across the state and $11.50 in New York City. He says raising the minimum wage doesn't just help workers on a personal level, it will also immediately impact the economy.
"You know, when you raise the minimum wage, the workers who receive the raise spend it. Why? Because they need it. They're literally living paycheck to paycheck. So you raise the wage, and it will be an economic stimulus because three billion dollars is a significant amount in the state economy."