Senate Republicans Shoot Down Minimum Wage Hike
Vote fails to clear filibuster, 54-42, with all but one Republican dissenting
By Newser Editors and Wire Services
Posted Apr 30, 2014 12:13 PM CDT
Senate Minority Leader Mitch McConnell of Ky., surrounded by GOP lawmakers, talks to reporters after a GOP caucus meeting, April 29, 2014, on Capitol Hill.   (AP Photo)

(Newser) – Senate Republicans today blocked a Democratic bill that would boost the federal minimum wage, handing a defeat to President Obama on a vote that is sure to reverberate in this year's congressional elections. The legislation by Sen. Tom Harkin would have gradually raised the $7.25 hourly minimum to $10.10 over 30 months and then would have provided automatic annual increases to account for inflation. The vote was 54-42 in favor of allowing debate on the measure to proceed, six votes short of the 60 Democrats needed to prevail.

Bob Corker was the only Republican to cross party lines and vote "yes." Harry Reid switched his vote to "no," a procedural move that gives him the right to call another vote on the measure. No other Democrats opposed the bill. Susan Collins has said she and some other Republicans would be willing to reach a compromise on a lower figure, but so far, Democrats have shown no inclination to compromise. In a clear sign of the political value Democrats believe the issue has, Harkin and others have said they intend to force another vote on the increase closer to this year's elections.

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May 6, 2014 9:46 PM CDT
if minimum wage is so good check the eu Germany Italy Switzerland Sweden and many others have no gov imposed wages and they are doing OK and i believe they have a more stable currency which in the US the fed is always devaluing the dollar.
May 2, 2014 8:06 PM CDT
May 2, 2014 2:12 PM CDT
"Chief economist for Goldman Sachs, Jan Hatzius, wrote: “The key reason is the continued slack in the U.S. labor market and the resulting weakness of nominal wage growth …. The subdued growth of unit labor costs has supported profit margins even in an environment of low price inflation.” ; ;;;should read "extra " high margins.... This means we need poltical action.