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Why the minimum wage is still $7.25 after all these years

It's been five years since the minimum wage rose to $7.25 an hour, despite rising costs and record inequality. Yet congressional Republicans refuse to act.

Minimum Wage Workers And Activists Protest For Higher Wages
Protestors with the group "Lift Up Oakland" stage a demonstration outside of the Oakland Chamber of Commerce on July 8, 2014 in Oakland, California.aProtestors with the group "Lift Up Oakland" stage a demonstration outside of the Oakland Chamber of Commerce on July 8, 2014 in Oakland, Calif.Getty Images

Christine Owens

Arun Ivatury