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There are people who think if you raise the minimum wage, it's going to cost people to lose jobs. that's why i don't sport a $15 minimum wage or the president's minimum wage. i called for 50 cent an hour increase. $8.75 and phase it over three years. if you do that, you get back closer to the historical norm of what minimum wage is which is 5% to 7% wages. >> why don't we index it? >> you'll have an automatic inflator. >> you've got george pataki, you got into a fight. >> judicial supremacy is not in the constitution. we need a president and congress to stand up to a court when it exceeds its ...

Minimum wage or the president's minimum wage. i called for 50 cent an hour increase. $8.75 and phase it over three years. if you do that, you get back closer to the historical norm of what minimum wage is which is 5% to 7% wages. >> why don't we index it? >> you'll have an automatic inflator. >> you've got george pataki, you got into a fight. >> judicial supremacy is not in the constitution. we need a president and congress to stand up to a court when it exceeds its constitutional authority. >> thank you, senator. governor pataki, your response? >> my response is, wow. you know, we're going to...

A big win for millions of fast food workers in new york. they're going to get a raise, and a big one. the state just approved a controversial minimum wage hike requiring large franchises to way workers $15 an hour. but employees may have to wait to see some of that extra cash in their paycheck. cnn's chief business correspondent christine romans is here to tell us why. >> they're going to phase that in. it won't be right now. it will be $9 will be the minimum wage for fast food workers by the end of the year. and, you know, $15 an hour, that's a bold move by andrew cuomo. it's the first time y...

Up from new york current minimum wage of $8.75 an hour. also marks a shift for governor cuomo who in his state of the state address earlier this year proposed about $11 an hour. today, the governor with the support of vice president biden before a pro-union crowd proposed the wage hike to $15 an hour which would be the highest in the country if adopted. >> a minimum wage of $8.75 is not a minimum wage in the state of new york at all. if you work full-time, you shouldn't have to choose between paying the rent and buying food. >> to make this permanent, we need to address the single biggest issu...

Today, new york governor andrew cuomo proposed a $15 an hour minimum wage for fast food workers. his proposal comes after a state wage board examines the issue and recommend the higher wage be phased in by 2018 and across the state by 2021. it also comes after a long campaign of activism to raise the rate. up from new york current minimum wage of $8.75 an hour. also marks a shift for governor cuomo who in his state of the state address earlier this year proposed about $11 an hour. today, the governor with the support of vice president biden before a pro-union crowd proposed the wage hike to $1...