Small Business Review: John Arensmeyer, The minimum wage bill
Now part of the Iraq funding bill, the minimum wage proposal has been sweetened with small-business tax breaks.
By John Arensmeyer
Small Business Review, 3/23/07
Swept back into power last November, Democrats in Congress placed a minimum-wage hike atop their “100 Hour Agenda” in January. The measure, bolstered by the passage of minimum-wage ballot initiatives that passed in six states, sailed through the House. Over two years, it would raise the minimum by $2.10 per hour to $7.25.