CBO: $10 minimum wage would cut poverty but also jobs
Raising the minimum wage to $10.10 an hour could lift 900,000 Americans out of poverty but also cost a half million jobs, the nonpartisan Congressional Budget Office said Tuesday in a report that’s sure to feed a simmering debate over how to help loft people up the economic ladder. President Barack Obama wants to raise the minimum wage from the current $7.25 an hour to $10.10 over the course of three years...Read More
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