Magazine article Personnel Journal

Minimum-Wage Hike May Soon Pass on Capitol Hill

Magazine article Personnel Journal

Minimum-Wage Hike May Soon Pass on Capitol Hill

Article excerpt

Minimum-wage Hike May Soon Pass on Capitol Hill

ON JULY 10, THE SENATE APPROVED RAISING THE FEDERAL minimum wage 90 cents an hour-from $4.25 to $5.15-following a vote by the House of Representatives, which already had passed a similar bill in May. The Senate bill was passed by a 74 to 24 vote. If the bill is signed into law, it will mark the first minimum-wage increase in five years.

With the Senate vote, small businesses won greater tax relief to help them cope with the expected rise in compensation expenditures. Republicans lost their bid to delay the wage increase until next year and to exempt small companies with annual revenue of less than $500,000. Republican maneuverings may delay the bill from taking effect before the November elections.

The Wall Street Journal reports that Labor Secretary Robert Reich said of the Republicans' waverings: "The longer this drags on, the deeper the hole the Republicans dig for themselves." And President Bill Clinton added: "This isn't a time to nickel-and-dime our working families. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.