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CBO Says Minimum Wage Hike Reduces Employment, Raises Wages; White House Defends $10.10 Option

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NEW YORK (TheStreet) — The Congressional Budget Office, a nonpartisan federal agency, reported Tuesday that a minimum wage hike would reduce employment and boost families’ incomes. The results come amid a debate between Democrats and Republicans in Washington as to whether the United States should increase the minimum wage requirements — an argument that could […]

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