The Washington Free Beacon wants to know where you stand on the issues. Take our poll!
A new survey found that President Barack Obama’s minimum wage hike would shutter 3 percent of small businesses and force 30 percent to curb hiring.
Senate Majority Leader Harry Reid (D., Nev.) is obstructing a potential compromise over legislation to increase the minimum wage. You can read about it in this THE POLITICO article under the triumphant headline: “Harry Reid remains firm on $10.10 minimum wage.”
That’s one way of putting it.
Reid has made clear that compromise is out of the question. Senator Susan Collins (R., Maine), a noted Tea Party radical, is reaching out to lawmakers on both sides in the hope of crafting a bill that could actually pass. She has suggested a smaller wage increase, and the addition of some minor GOP-backed reforms. Is it a long shot? Sure. But red state Democrats such as Mark Pryor and Mary Landrieu have already distanced themselves from Reid’s hard line. Or, as the excitable scribes at Daily Kos more eloquently put it: “Wimp Democrats look to split the baby on minimum wage.” As usual, Harry Reid is more than happy to woo the Kos crowd, and serve up heaping platters of whatever the left-wing equivalent of “red meat” is. Heirloom pomegranates?
Majority Leader Eric Cantor (R., Va.) said that Obamacare is the source of the wage crisis the president is attempting to address with a steep minimum wage increase.
President Barack Obama’s proposal to raise the minimum wage to $10.10 per hour will cost the private sector $15 billion and increase the deficit by $5 billion over the next 10 years, according to a Congressional Budget Office report released Wednesday.
The 40 percent wage hike touted by the Obama administration would slow hiring and drive up prices for consumers, according to a new survey released Wednesday.