by Bill Scher | Jan 10, 2007 | Blog, Minimum Wage
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...
by Bill Scher | Jan 10, 2007 | Blog, Minimum Wage
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...
by Bill Scher | Jan 9, 2007 | Blog, Minimum Wage
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...
by Bill Scher | Jan 8, 2007 | Blog, Minimum Wage
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...