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Minimum wage bill fails in Senate

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WASHINGTON (May 1, 2014) — A bill in the U.S. Senate to raise the minimum wage to $10.10 an hour from $7.25 over 30 months failed by six votes to overturn a Republican filibuster April 30 and proceed to final passage.

The 54-42 vote on the measure was largely along party lines. Senate Democrats echoed President Barack Obama’s sentiments that raising the minimum wage was a matter of elemental fairness for low-wage workers.

Republicans, however, said the minimum wage hike would be damaging to business, especially small business. They cited a study by the Congressional Budget Office that said raising the minimum wage could cost the U.S. some 500,000 jobs.

How would you have voted? To see the results of a  March 2014 Tire Business online poll about raising the minimum wage to $10.10, click here. Do you have a comment about the minimum wage? Email a letter to the editor to tirebusiness@crain.com.

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