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HFMA News - House Passes Bill Increasing Minimum Wage

HFMA NEWS


Wednesday, January 17, 2007
House Passes Bill Increasing Minimum Wage

The U.S. House on Jan. 10 passed a $2.10 increase in the minimum wage to $7.25, which would be phased in over two years. But the bill does not stand a chance of surviving in the Senate unless it also includes tax breaks for small businesses, reports CQ Weekly. Senate Democrats, however, have said that they are not opposed to some of the tax relief measures for small businesses being proposed by Republicans.

posted on 1/17/2007 8:37:23 AM (CST)  Permalink