GOP Makes Conditions On Wage Increase

From Yahoo! News:

WASHINGTON – Republican leaders are willing to allow the first minimum wage increase in a decade but only if it’s coupled with a cut in inheritance taxes on multimillion-dollar estates, lawmakers said Friday.

As the House pointed toward a session stretching past midnight, it was anything but certain that the plan would work. In fact, the move seemed unlikely to result in a hike in the minimum wage, which has been frozen at $5.15 per hour for a decade.

Republicans hoped to put Democrats in the uncomfortable position of voting against the minimum wage increase and the estate tax cut — and an accompanying bipartisan package of popular tax breaks, including a research and development credit for businesses and deductions for college tuition and state sales taxes.