By Allison Peters, Weekend Meteorologist/Video Journalist - email
The Senate ruled against the attempt at a minimum wage increase. The vote came down to 6 shy of the 60 needed to keep the bill moving forward. All but one Senate republican voted against the bill to coincide with the GOP’s stance that the increase would do more harm than good.
The bill focuses on raising the current wage of 7.25 through a gradual increase over 30 months to 10.10. Democrats favor this idea after a report showed the increase would improve incomes of 16.5 million people and raise 900,000 above the poverty line. The report also outlined the democratic view of job loss. 500,000 people are estimated to lose their job due to employers being unable to finance the increase.
Democratic Senator Reid said “They’ll compromise, but not on the number.” Democrats intend on bringing the bill back to the table closer to Election Day.