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Transcripts For CSPAN2 Key Capitol Hill Hearings 20140430

Been several years since we have increased the minimum wage, and i support an increase in the minimum wage, but i do not believe that at a time when our economy is so fragile as is indicated by the very slow increase in g. D. P. That was reported this morning that we can afford to increase the minimum wage by some 39 . I would note, madam president , that just a year ago, president obama was suggesting that we should increase the minimum wage to 9 an hour. I dont see any change in the Economic Conditions that would have caused him to abruptly change his position and now be advocating 10. 10 an hour. I know, madam president , that there are many lowincome families that are really struggling in this country, and i believe that our economy could accommodate an increase in the minimum wage, but the congressional budget office, a nonpartisan entity, has told us that the consequences of going to 10. 10 an hour would be a loss of so ....

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