Thursday, February 01, 2007

Democrat Minimum Wage Bills a no go?



The Democrats control the House and the Senate. Rhetorically, these Democrats are one with the downtrodden. The downtrodden make minimum wage.


Madam Pelosi, in her 100 hours of glory, made even God aware of who is in charge. Unfortunately Little Charlie Rangel either didn't get the memo or more likely ignored it.

The House passed the MWB is a hurry, but the Senate took a minute more to consider the bill's impact on small business. The MWB hourly pay increase will hurt small business' nationwide. So, the Senate (Max Baucus) inserted a tax break to offset the pain caused by the good feeling MWB. Now the Senate will vote on their bill.

Charlie Rangel, no friend of business, doesn't like tax breaks for business, thus he doesn't like the Senate's MWB. There doesn't seem like there will be a compromise anytime soon.