Saturday, April 26, 2014

If it's Saturday, it's time for Obama to talk up the minimum wage --- (Reuters) - For the fifth Saturday this year, the White House used the president's weekly address to exhort Republicans to support an increase in the minimum wage, a key part of President Barack Obama's voter-friendly economic agenda aimed at keeping Democrats in control of the U.S. Senate. -- Obama has been pushing Congress to raise the federal minimum wage to $10.10 per hour, up from the current level of $7.25, a move that would lift wages for almost 28 million people and is supported by more than 70 percent of Americans. -- "While not all of us always see eye-to-eye politically, one thing we overwhelmingly agree on is that nobody who works full-time should ever have to live in poverty," Obama said in his address, which airs on radio stations and is posted online. -- The measure is unlikely to pass Congress. Republicans argue it would kill jobs, pointing to a non-partisan Congressional Budget Office estimate that it would cost about 500,000 people their jobs even as it lifted 900,000 people out of poverty. - More, Roberta Rampton, at: http://www.reuters.com/article/2014/04/26/us-usa-obama-minimumwage-idUSBREA3P08520140426

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