Senate votes to raise minimum wage
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The Democratic-led U.S. Senate voted on Thursday to raise the federal minimum wage for the first time in a decade and to provide billions of dollars in small-business tax cuts to help offset the cost.
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The U.S. House of Representatives on Thursday passed a compromise measure to increase the federal minimum wage for the first time in a decade -- and provide billions of dollars in tax breaks to help businesses pay for it.
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The Senate on Friday approved a $286 billion farm bill with an election-year expansion of subsidies for growers and food stamps for the poor.
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It's not like a business group to oppose the largest possible tax breaks for its members. But when it comes to sweetening a minimum wage bill with small business tax relief, the U.S. Chamber of Commerce is backing a House proposal that is a fraction of the size of a tax package passed by the Senate.
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Congress won't give you one--the federal minimum wage is still $5.15. Although 22 states require employers to pay more (and six more may do so in November), activists in Chicago and elsewhere are pressing for a "living wage" to help the working poor.
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A Senate committee voted yesterday to scuttle new rules that critics say would deny overtime pay to millions of workers, as Democrats won the latest round in their election-year bout with President Bush over the issue.
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A Republican election-year effort to fuse a cut in inheritance taxes on multimillion-dollar estates with the first minimum wage increase in nearly a decade was rejected by the Senate late Thursday.
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Despite record-low approval ratings, House lawmakers Wednesday voted to accept an approximately $4,400 pay raise that will increase their salaries to almost $170,000.
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At first, legislation to raise the minimum wage loomed as a clean, quick triumph for Democrats eager to celebrate their new majority in Congress. Two months later, it stands as an early lesson in the limits of their power.
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The Senate on Tuesday prepared to take another shot at blocking an Alternative Minimum Tax increase, the latest move in a seesaw struggle between the House and Senate over how to prevent millions of middle-class people from getting soaked by the tax this year.
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The Senate voted 94-3 Thursday to increase the federal minimum wage in three steps from $5.15 to $7.25 in a bill that also gives $8 billion worth of tax cuts to small business.
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The California Assembly on   Thursday approved a bill to boost the minimum wage to $8 an   hour, the highest level in the nation, and sent it to Gov.   Arnold Schwarzenegger's desk for signing.
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A $1.3 billion small-business tax cut package aimed at winning the first minimum wage increase in more than a decade advanced in the U.S. House of Representatives on Monday.
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Pointing toward midterm elections, House Democratic leader Nancy Pelosi promised on Thursday to raise the minimum wage while cutting taxes to spur economic growth and help the middle class.
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Gov. Arnold Schwarzenegger vetoed bills Saturday that would have raised the minimum wage to &#36;7.75 an hour, made Wal-Mart-like megastores more difficult to build and limited schools' ability to give students random drug tests.
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House Republicans worried about  their political fate inched toward a vote on Thursday to raise  the federal minimum wage for the first time in a decade, but  Democrats called it an empty gesture.
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After a decade-long wait, America's lowest-paid workers saw Congress poised Thursday to increase the federal minimum wage by $2.10