Categorized | General Interest

Small Step For Minimum Wage

Catching up to this so you’all may know about this…busy weekend…From The Wall Street Journal yesterday:

Democrats Move Ahead
On Minimum-Wage Rise

By DAVID ROGERS
April 21, 2007; Page A3

WASHINGTON — House and Senate Democrats reached
agreement on a $4.8 billion package of business tax breaks that the
party hopes will clear the way for a $2.10-an-hour increase in the
federal minimum wage.

The wage increase, the first in almost a decade, has
been a signature issue for the Democratic majority and would raise the
hourly rate to $7.25 over the next two years in three 70-cent
increments.

Both the House and Senate approved the increase soon
after Democrats took over Congress in January. But to the party’s
growing embarrassment, the bill has been stalled because of differences
over the level of business tax breaks, first added by the Senate to get
past a Republican filibuster.

But not clear that this goes anywhere because it’s gotten wrapped up in the Iraq occupation spending bill.

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