Minimum Wage Hike Passed By House

From the Washington Post:

The House last night voted to boost the minimum wage for the first time in nearly a decade while also permanently slashing the estate tax, a coupling that GOP leaders calculated might garner enough Senate support to become law. House lawmakers also approved the biggest overhaul of the nation's pension laws in 30 years...Democrats were incensed that the GOP leadership would couple the minimum wage hike, the first increase since 1997, with an estate tax cut that would reduce federal revenue by $268 billion over the next decade, to the overwhelming benefit of the country's richest families.

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--Tom Hayes