A report from the CBO says that the administration's bill to raise the minimum wage to $10.10 would raise income for low-wage earners but also could cost half a million jobs in 2016. Unsurprisingly, both sides are picking apart the report to back their cause. Take a look.
http://thehill.com/blogs/on-the-money/economy/198605-cbo-minimum-wage
and here's the report from HuffPo with a bit more positive analysis of the news…
http://www.huffingtonpost.com/2014/02/18/minimum-wage-raise-cbo_n_4810102.html
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