Statement on House Action on Minimum Wage Legislation

The minimum wage must be raised, but not with a bill that stacks the deck against America's working families. This bill repeals key overtime protections, could reduce pension coverage for many families, and includes risky tax giveaways that threaten our prosperity and the future of Social Security and Medicare. Once again, Republicans in the House of Representatives have demonstrated that they would rather fight for special interests than give working families the raise they deserve.

I will veto the bill Republicans in the House passed tonight if it comes to my desk. Congress should send me a bill I can sign: a clean, straightforward bill that raises the minimum wage by a dollar over 2 years.