Senate Panel OKs Business Tax Breaks
Wednesday, January 17, 2007; 5:19 PM
WASHINGTON -- Tax breaks aimed at easing the burden of a minimum-wage increase on small businesses sailed through the Senate's tax-writing committee Wednesday.
The unanimous voice vote by the Senate Finance Committee paves the way for the full Senate to consider boosting the minimum wage to $7.25 over the next two years. The wage plan is next in line for debate after the Senate wraps up work on an ethics and lobbying overhaul.