"100 Hours" Update: U.S. House Passes H.R. 2 - Increasing the Federal Minimum Wage to $7.25

As part of the 100 Hours legislative agenda the U.S. House of Representatives has passed H.R. 2 - The Fair Minimum Wage Act of 2007. This will increase the federal minimum wage -- currently $5.15 per hour -- to $7.25 per hour over the next two years. The vote was 315-116.
More on the minimum wage from FindLaw: Minimum Wage and Overtime Basics, State Minimum Wage Table.