Monday, December 04, 2006

Minimum Wage Increase: It's Coming!

The mimium wage increase is coming:

Incoming House Speaker Nancy Pelosi wants to fast-track efforts to boost the federal minimum wage and could seek to bring a bill directly to the House floor in January.


In the new congressional session, a House bill boosting the federal minimum wage probably will go straight to the floor for consideration, bypassing the Education and the Workforce committee, said Pelosi spokesman Brendan Daly, lobbyists and others involved in the process.

At this point, Pelosi's preference is for a "stand alone" minimum wage bill that is not tied to other legislative endeavors, Daly and others said.


In the Senate, business lobbyists believe a bill to boost the minimum wage is more likely to be advanced through committee, giving them an opportunity to try and sweeten the pot with other things such as faster depreciation, for instance, of restaurant buildings, something the restaurant industry would like.

The only questions left are: how much, what exceptions will there be, and what gets tied to it.

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