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Wed, Feb. 19 2014 01:32 PM EDT

Hike in Minimum Wage Would Cost 500,000 Jobs, Not Help the Poor Much, Gov't Report Says

By Napp Nazworth
A Tuesday report by the Congressional Budget Office estimates that increasing the minimum wage to $10.10 per hour would lead to about 500,000 fewer jobs and most of the benefits would go to those out of poverty than in poverty. (A link to this page will be included in your message. )

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