It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Washington (CNN) -- An election-year showdown over a Democratic priority -- raising the federal minimum wage to $10.10 an hour -- saw Senate Republicans block the measure on Wednesday, unleashing a torrent of criticism from President Barack Obama and his party.
The measure failed to get the 60 votes needed to open debate in the 100-seat Senate, with only one Republican joining majority Democrats in an unsuccessful effort to overcome the GOP filibuster.
While another vote on the proposal is possible, Obama and Democrats quickly sought to exploit the measure's initial stumble into political capital for November's congressional elections.
"If your member of Congress doesn't support raising the minimum wage, you have to let them know they are out of step and if they keep putting politics ahead of working Americans, you will put them out of office," the President told a White House event that focused on the matter.
If you’re wondering why Republican Senators were perfectly happy to kill Harry Reid’s job-killing bill masquerading as a minimum-wage hike earlier today, this is why:
[Senator John] Thune [R, South Dakota] cited a Bloomberg poll showing 57 percent of the public views the potential loss of 500,000 jobs, a figure projected by the Congressional Budget Office (CBO), as an unacceptable tradeoff for raising the minimum wage to a $10.10 hourly rate. The CBO dealt a huge blow to the legislation, the centerpiece of the Democrats’ 2014 agenda, when it warned in February of its impact on jobs.
…it’s because Harry Reid screwed up. His policy of shutting out the opposition on anything that was even vaguely politically relevant has blown up in his face; the GOP probably would have signed off on something suitably ‘bipartisan,’ but Reid didn’t want to do that. Now he’s in a situation where the Senate Majority Leader has to fall back on the filibuster to avoid an up-or-down vote, because based on my impromptu assessment of the situation it’s not entirely clear that Reid even has 51 votes for passage. In fact, I suspect that he doesn’t.
Harry Reid deliberately fails to advance his job-killing bill.
Raising the minimum wage to $10.10 will cut about a half-million jobs out of the economy by 2016, according to a new Congressional Budget Office report Tuesday that could deal a major blow to Democrats’ chief domestic agenda item this year.
A majority of low-wage workers would see their pay rise thanks to the increase and would be substantially better off, including many who would be lifted above the poverty line. But a minority would also lose jobs as businesses choose to invest elsewhere, the CBO said in its analysis of a proposal very similar to the one congressional Democrats have offered.
“Once fully implemented in the second half of 2016, the $10.10 option would reduce total employment by about 500,000 workers, or 0.3 percent,” the nonpartisan scorekeepers said, adding that there is substantial uncertainty and the loss could be anywhere from “very slight” to as much as 1 million jobs.
Minimum wage hike would kill a half-million jobs: CBO
originally posted by: beezzer
What ever happened to making 50, 60, 70 thousand a year?
Now we're fighting over 10 bucks an hour?
Good LORD our country has fallen!
originally posted by: VictorVonDoom
It's all a show. It's the Federal Reserve Bank that doesn't want the minimum wage increase.
Otherwise, Republicans could propose raising the minimum wage to $100 an hour, and then let the Democrats oppose it. Then they could say that the Democrats hate poor people.
originally posted by: xuenchen
a reply to: LDragonFire
I think Liberal Democrat policies cause people to be poor.
And they sure don't show much love with the chickenfeed assistance programs either.
How come the Democrats in power don't create any jobs?
What's the problem anyway?
Obama has a pen and a phone.
He could get all people back to work with one signature.
What's the *Real* agenda?