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    The document is a statement of administration policy regarding H.R. 2, which proposes increasing the minimum wage by $2.10 over two years. The administration supports passing this legislation if it also includes tax relief for small businesses. They believe this paired approach will help both workers and small businesses by maintaining a strong labor market. The administration appreciates the bipartisan efforts of the Senate Finance Committee to respond to the President's call for a minimum wage increase along with small business tax relief, though they do not think additional revenue increases are necessary to provide this relief.

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    The document is a statement of administration policy regarding H.R. 2, which proposes increasing the minimum wage by $2.10 over two years. The administration supports passing this legislation if it also includes tax relief for small businesses. They believe this paired approach will help both workers and small businesses by maintaining a strong labor market. The administration appreciates the bipartisan efforts of the Senate Finance Committee to respond to the President's call for a minimum wage increase along with small business tax relief, though they do not think additional revenue increases are necessary to provide this relief.

    Copyright:

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    Download as PDF, TXT or read online from Scribd
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    48 views1 page

    Hr2sap S

    Uploaded by

    losangeles
    The document is a statement of administration policy regarding H.R. 2, which proposes increasing the minimum wage by $2.10 over two years. The administration supports passing this legislation if it also includes tax relief for small businesses. They believe this paired approach will help both workers and small businesses by maintaining a strong labor market. The administration appreciates the bipartisan efforts of the Senate Finance Committee to respond to the President's call for a minimum wage increase along with small business tax relief, though they do not think additional revenue increases are necessary to provide this relief.

    Copyright:

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    EXECUTIVE OFFICE OF THE PRESIDENT

    O F F I C E O F M AN AG E M E N T AN D B U D G E T

    W AS H I N G T O N , D . C . 2 0 5 0 3

    January 19, 2007


    (Senate)

    STATEMENT OF ADMINISTRATION POLICY

    H.R. 2 – Fair Minimum Wage Act of 2007


    (Rep. Miller (D) CA and 222 cosponsors)

    The Administration supports Senate passage of legislation which increases the minimum wage
    by $2.10 over two years and pairs it with tax relief for small businesses, which are creating most
    of the new jobs in the United States. Such an approach will help maintain a strong and flexible
    labor market, assisting both workers and small businesses.

    The Administration appreciates the Senate Finance Committee’s willingness to respond in a


    bipartisan fashion to the President’s call to enact a minimum wage increase matched with tax
    relief for small businesses. The Administration does not think it is necessary to tie this small
    business tax relief to other revenue increases.

    *****

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