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    The Administration supports raising the minimum wage by $2.10 over two years but opposes the current version of H.R. 2 because it does not provide enough relief to small businesses that are creating most new jobs. The statement urges adding provisions to H.R. 2 for tax and regulatory relief for small businesses to help them stay competitive and continue economic growth. It also looks forward to working with Congress on a bipartisan solution that addresses the needs of both workers and small businesses affected by a minimum wage increase.

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    The Administration supports raising the minimum wage by $2.10 over two years but opposes the current version of H.R. 2 because it does not provide enough relief to small businesses that are creating most new jobs. The statement urges adding provisions to H.R. 2 for tax and regulatory relief for small businesses to help them stay competitive and continue economic growth. It also looks forward to working with Congress on a bipartisan solution that addresses the needs of both workers and small businesses affected by a minimum wage increase.

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    13 views1 page

    Hr2sap H

    Uploaded by

    losangeles
    The Administration supports raising the minimum wage by $2.10 over two years but opposes the current version of H.R. 2 because it does not provide enough relief to small businesses that are creating most new jobs. The statement urges adding provisions to H.R. 2 for tax and regulatory relief for small businesses to help them stay competitive and continue economic growth. It also looks forward to working with Congress on a bipartisan solution that addresses the needs of both workers and small businesses affected by a minimum wage increase.

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    EXECUTIVE OFFICE OF THE PRESIDENT

    OFFICE OF MANAGEMENT AND BUDGET


    WASHINGTON, D.C. 20503

    January 10, 2007


    (House)

    STATEMENT OF ADMINISTRATION POLICY


    H.R. 2 – Fair Minimum Wage Act of 2007
    (Rep. Miller (D) CA and 214 cosponsors)

    The Administration supports increasing the minimum wage by $2.10 over two years, but opposes
    H.R. 2 in its current form because it fails to provide relief to small businesses, which are creating
    most of the new jobs in the United States.

    The Administration strongly supports adding provisions to H.R. 2 to pair the increase in the
    minimum wage with tax and regulatory relief to help small businesses stay competitive and to
    help keep the economy growing, such as provisions of H.R. 324. In addition, the
    Administration appreciates the Senate’s willingness to work on a bipartisan proposal to address
    the needs of small businesses, which will be the most affected by a minimum wage increase.
    The Administration looks forward to working with Congress to maintain a flexible labor market
    and provide a complete package that helps both workers and small businesses.

    *****

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