Category: Minimum Wage

With the likelihood of competing minimum wage bills from the House and Senate, House Dems appear divided on how to proceed. CongressDaily AM reports: \”…House Majority Leader [Steny] Hoyer said he would consider going with the Senate bill to avoid a conference committee. A senior aide to House Democrats said the increase could be enacted…

Minutes ago, the House approved increasing the hourly minimum wage to $7.25, over two years. The vote was strong, 315 to 116. Democratic support was unanimous. The GOP caucus was split, with 82 supporting and 116 opposing. Over in the Senate, CQ reports that Sen. Max Baucus \”unveiled four proposed breaks\” for business to be…

It\’s more than just Sen. Max Baucus looking to add business lobby favors to a minimum wage hike. According to Congressional Quarterly, Senate Dem leaders Richard Durbin and Chuck Schumer are opting to try to placate conservatives instead of standing up to them: \”The House bill … includes no sweeteners for small businesses, which many…

Washington Post business columnist Steven Pearlstein takes the business lobby, and new Senate Finance Committee Chair Max Baucus, to task today, setting the record straight about a minimum wage hike\’s impact on jobs. Pearlstein writes: …both economic theory and history suggest that small business will, in time, pass on its increased costs to its consumers…

Washington Post business columnist Steven Pearlstein takes the business lobby, and new Senate Finance Committee Chair Max Baucus, to task today, setting the record straight about a minimum wage hike\’s impact on jobs. Pearlstein writes: …both economic theory and history suggest that small business will, in time, pass on its increased costs to its consumers…

Tuesday afternoon, Speaker Nancy Pelosi held a conference call with bloggers about Iraq and the First 100 Hours Agenda. I asked her if the final minimum wage bill would be \”clean\” without any special interest provisions tacked on, or would it include tax giveaways for the CEO lobby. As I blogged earlier, the House is…

This Wednesday, the House is expected pass a key piece of the First 100 Hours agenda — a painfully overdue raise in the minimum hourly wage from $5.15 to $7.25. President Bush and the CEO lobby realize its political suicide to oppose the hike — it\’s backed by 80% of Americans. Instead, they\’re claiming to…