CP Capital Solutions / CP Real Estate Funding Solutions / CP Construction Funding Solutions: CBO Report: Minimum Wage Increase Would Cost Businesses $15B

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Friday, April 18, 2014

CBO Report: Minimum Wage Increase Would Cost Businesses $15B

A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget Office estimated Thursday.

JWF at 10:21 AM

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