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Senate votes to raise minimum wage
Thu Feb 1, 2007 6:25pm ET
By Thomas Ferraro
Reuters
WASHINGTON (Reuters) - The Democratic-led U.S. Senate voted overwhelmingly on Thursday to raise the federal minimum wage for the first time in a decade and provide billions of dollars in small-business tax cuts to help offset the cost.
Senate approval of the legislation, on a 94-3 vote, set up a showdown with the Democratic-led House of Representatives, which passed a bill last month to increase the minimum wage without Republican-demanded tax cuts.
The House and Senate must agree on a final bill before it can be sent to Republican President George W. Bush to sign into law. Democrats promised a minimum-wage hike during their successful campaign last year to win control of Congress.
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Thu Feb 1, 2007 6:25pm ET
By Thomas Ferraro
Reuters
WASHINGTON (Reuters) - The Democratic-led U.S. Senate voted overwhelmingly on Thursday to raise the federal minimum wage for the first time in a decade and provide billions of dollars in small-business tax cuts to help offset the cost.
Senate approval of the legislation, on a 94-3 vote, set up a showdown with the Democratic-led House of Representatives, which passed a bill last month to increase the minimum wage without Republican-demanded tax cuts.
The House and Senate must agree on a final bill before it can be sent to Republican President George W. Bush to sign into law. Democrats promised a minimum-wage hike during their successful campaign last year to win control of Congress.
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