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 email@example.com.
How will the Obama administration’s proposed expansion of overtime pay affect your business?
|Not much if at all.||
|It will force me to demote my assistant managers and recalculate pay and benefits scales.||
|It will put me out of business.||
|It’s way too soon to tell.||
|Total votes: 100|