Budget Office: Minimum Wage Hike Would Raise Pay for 16.5M - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Budget Office: Minimum Wage Hike Would Raise Pay for 16.5M

Posted:
(Photo: MGN) (Photo: MGN)

WASHINGTON (AP/WBOC)- Congress' nonpartisan budget analyst says raising the federal minimum wage as President Barack Obama and Democrats want would raise earnings for more than 16.5 million people by 2016. But it would also reduce employment by roughly 500,000 workers.
 
The Congressional Budget Office analysis comes as the Senate prepares to debate a Democratic plan to gradually increase the current $7.25 minimum wage to $10.10 an hour in 2016. After 2016, the minimum wage would be adjusted annually for inflation as measured by the consumer price index.
 
The budget office analysis examined the impact such a plan would have by 2016, when the increase would take full effect. 
 
The analysts said their estimate of employment losses was approximate. They said the actual impact could range from a very slight employment reduction to a loss of 1 million workers.
 
Democrats say the wage boost would help workers. Republicans have warned it would cost jobs.

To read the full report, click here.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Dover Leaders Say High-Crime Areas Will be Saturated With Police

    Dover Leaders Say High-Crime Areas Will be Saturated With Police

    Friday, May 26 2017 8:40 PM EDT2017-05-27 00:40:44 GMT
    Friday, May 26 2017 11:23 PM EDT2017-05-27 03:23:35 GMT

    DOVER, Del. -- After a number of shooting incidents in recent weeks, Dover's mayor and police chief on Friday announced officers will be focusing their efforts in high-crime areas in the city. Dover Mayor Robin Christiansen said the effort comes after the city has seen more than 20 shooting incidents in 2017 and at a time when the summer is fast approaching and children and teenagers will be leaving school. "We are not going to ease up on the people that are using our city to c...

    More

    DOVER, Del. -- After a number of shooting incidents in recent weeks, Dover's mayor and police chief on Friday announced officers will be focusing their efforts in high-crime areas in the city. Dover Mayor Robin Christiansen said the effort comes after the city has seen more than 20 shooting incidents in 2017 and at a time when the summer is fast approaching and children and teenagers will be leaving school. "We are not going to ease up on the people that are using our city to c...

    More
  • OC Business Owner Fined for Selling Out-of-State Cigarettes

    OC Business Owner Fined for Selling Out-of-State Cigarettes

    Friday, May 26 2017 4:10 PM EDT2017-05-26 20:10:08 GMT
    Friday, May 26 2017 11:22 PM EDT2017-05-27 03:22:32 GMT

    Ocean City Police  uncovered a cigarette smuggling scheme that resulted in the criminal citation of a local businessman for violating Maryland tax regulations. 

    More

    Ocean City Police  uncovered a cigarette smuggling scheme that resulted in the criminal citation of a local businessman for violating Maryland tax regulations. 

    More
  • Man Found Guilty of Assault After Punching Correctional Officer

    Man Found Guilty of Assault After Punching Correctional Officer

    Friday, May 26 2017 7:57 PM EDT2017-05-26 23:57:58 GMT
    Friday, May 26 2017 11:21 PM EDT2017-05-27 03:21:36 GMT
    Eric Dolby was already serving a life sentence for burning a man alive.Eric Dolby was already serving a life sentence for burning a man alive.

    A 27-year-old Wilmington man, already serving a life sentence for the 2008 murder of a Dover man, has been convicted by a superior court jury of assault in a detention facility. 

    More

    A 27-year-old Wilmington man, already serving a life sentence for the 2008 murder of a Dover man, has been convicted by a superior court jury of assault in a detention facility. 

    More
  • Most Popular StoriesMost Popular StoriesMore>>

  • Man Found Guilty of Assault After Punching Correctional Officer

    Man Found Guilty of Assault After Punching Correctional Officer

    Friday, May 26 2017 7:57 PM EDT2017-05-26 23:57:58 GMT
    Friday, May 26 2017 11:21 PM EDT2017-05-27 03:21:36 GMT
    Eric Dolby was already serving a life sentence for burning a man alive.Eric Dolby was already serving a life sentence for burning a man alive.

    A 27-year-old Wilmington man, already serving a life sentence for the 2008 murder of a Dover man, has been convicted by a superior court jury of assault in a detention facility. 

    More

    A 27-year-old Wilmington man, already serving a life sentence for the 2008 murder of a Dover man, has been convicted by a superior court jury of assault in a detention facility. 

    More
  • Teen Hospitalized After OC Hotel Fall

    Teen Hospitalized After OC Hotel Fall

    Thursday, May 25 2017 9:48 PM EDT2017-05-26 01:48:06 GMT
    Friday, May 26 2017 7:22 AM EDT2017-05-26 11:22:21 GMT

    Ocean City police say a 17-year-old boy was hospitalized after falling from an unknown height at a hotel in Ocean City on Thursday afternoon.

    More

    Ocean City police say a 17-year-old boy was hospitalized after falling from an unknown height at a hotel in Ocean City on Thursday afternoon.

    More
  • Maryland State Police Make Large-Scale Drug Bust Spanning 5 Counties, Including Del

    Maryland State Police Make Large-Scale Drug Bust Spanning 5 Counties, Including Del

    Friday, May 26 2017 8:38 AM EDT2017-05-26 12:38:42 GMT
    Friday, May 26 2017 8:46 AM EDT2017-05-26 12:46:05 GMT

    Maryland State Police and several other law enforcement agencies arrested 18 people in four Maryland counties and one Delaware county, connected to a large scale distribution of opioids, in which police say an estimated $130,000 worth of drugs were recovered along with $98,000 in cash.

    More

    Maryland State Police and several allied law enforcement agencies arrested 18 people in four Maryland counties and one Delaware county, connected to a large-scale distribution of opioids, in which police say an estimated $130,000 worth of drugs were recovered along with $98,000 in cash.

    More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices