Senate Majority Leader Harry Reid on Tuesday delayed action on legislation raising the minimum wage, the centerpiece of the Democrats’ 2014 agenda.Do more people think the demand for labor is a downward sloping curve?
The Nevada Democrat made the surprising move amid escalating Democratic resistance in the wake of a Congressional Budget Office report released last week estimating that hiking the minimum wage to $10.10 an hour could cost the equivalent of 500,000 jobs by late 2016.
Tuesday, February 25, 2014
Lacking votes, Reid stalling action on minimum wage hike legislation
The Hill reports:
