Minimum Wage

Sen. Charles Grassley, R-Iowa, is whining that the new minimum wage compromise doesn't have enough tax favors for business. From CQ Today (subscription required):

“The Senate package was barely adequate,” [Grassley] said in a statement. “I called it peanuts. The House package was puny. I called it a peanut shell. Now we have a single shriveled peanut. This package is stripped of a lot of meaningful tax relief.”

Yet Grassley managed to spin The Washington Post into reporting that he's mainly upset that Democrats wouldn't close more business friendly tax loopholes:

...Democrats have stripped out a variety of contentious tax measures that had been tied to the minimum-wage legislation, under pressure from some of the nation's largest business lobbies.

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Voters in November had a simple request: They wanted an increase in the federal minimum wage. more »

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[UPDATE: A Senate vote midday Wednesday to close off debate on a "clean" minimum wage bill, identical to one the House passed earlier this month, fell six votes short of passage. more »

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Bill Scher blogs for Campaign for America's Future. more »

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