Statement of Administration Policy: H.R. 2 - Fair Minimum Wage Act of 2007

STATEMENT OF ADMINISTRATION POLICY

(Senate)

(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.