Minimum Wage Clear Senate

Last Thursday a bill increasing the minimum wage passed in the senate. The two bills from the House and Senate are different, and these differences will have to be resolved. Both bills do raise the Federal Minimum Wage to $7.25/hour over 26 months, however the Senate version includes tax breaks for small businesses.

A great step in the right direction. It will be interesting to see if the House will be idealists and reject the added tax cuts. More interesting would be if Bush vetoed it, but with so much support behind the bill (only three wingnuts voted against the Senate bill), its unlikely to get vetoed.

So congrats fellow Americans we're finally getting a raise!