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At the minimum, no miracles

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Go ahead, spin this. Raising the federal minimum wage by nearly 40 percent over two years, as the Obama administration proposes, would kill hundreds of thousands of jobs and lower the income of thousands of families, said the Congressional Budget Office. Raising the federal minimum wage by nearly 40 percent would lift hundreds of thousands out of poverty, raise family income for millions, and boost business profits, said the Congressional Budget Office.

Yes, the CBO report issued with great fanfare…

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