MINIMUM WAGE: US Senate Votes Down Bill
A procedural vote in the US Senate failed Wednesday stalling an effort to increase the federal minimum wage.
Senator Tom Harkin of Iowa is behind the “Minimum Wage Fairness Act.” It aims to push the wage up gradually to $10.10 per hour instead of the current $7.25.
The bill received the support of 54 senators during today’s vote but it was six shy of the 60 votes needed to bring the bill up for debate.
Democrats say they will continue to push the bill but republicans say the legislation will backfire.
“A 40% increase in minimum wage would bring about, according to the National Congressional Budget Office, which is nonpartisan, said it’ll increase unemployment at least 500,000 and perhaps maybe as much as a million,” Sen. Charles Grassley said.
Grassley says republicans wanted to offer amendments to find a middle ground. However, he says the Senate Majority Leader Harry reed wouldn’t allow it.