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Senate Key Vote Alert: NO on Minimum Wage Increase

Apr 29, 2014 by AFP

Dear Senators:

On behalf of more than two million Americans for Prosperity activists in all 50 states, I write to urge you to vote NO on S. 2223, increasing the minimum wage to from $7.25 to $10.10. This is a misguided policy that will mean fewer jobs in this sluggish economy.

I urge you to vote NO on FINAL PASSAGE on S. 2223, increasing the federal minimum wage. Americans for Prosperity will include this vote in our congressional scorecard.

There is a consensus among economists across the political spectrum who think this is bad economic policy. The non-partisan Congressional Budget Office (CBO) put out a report studying the effects of a $10.10 minimum wage. They concluded that it would cost the economy 500,000 jobs and increase pressure on employers to cut hours and workers. In March, 500 economists sent a letter to President Obama, calling a minimum wage increase a “poorly targeted anti-poverty measure.” Even the President own economic advisors have warned against this. Writing in the New York Times, former Chair of the Council of Economic Advisers Christina Romer called it a “half-measure” writing that, “[E]conomic analysis raises questions about whether a higher minimum wage will achieve better outcomes for the economy and reduce poverty.”

The bottom line is that this legislation will do more harm than good to the very people to it’s trying to help.  A minimum wage increase is not the recipe for growing the economy and helping workers. Given the current economic and regulatory environment, Congress should focus on promoting pro-growth policies that lead to job creation, not higher unemployment.

I urge you to vote NO on FINAL PASSAGE on S. 2223, increasing the federal minimum wage. Americans for Prosperity will include this vote in our congressional scorecard.

Visit our scorecard online: www.AFPscorecard.org

Sincerely,

Brent Wm. Gardner

Director of Federal Affairs

Americans for Prosperity