In a meeting last night, House Democrats criticized President Obama's tax proposal. Both House and Senate Democrats have voiced frustration at the extension of Bush-era tax for an additional two years, which would add $900 billion to the deficit. Many Democrats also expressed concern about the estate tax exemption for inheritances of up to $5 million.
House Speaker Nancy Pelosi (D-CA) clarified in her statement, "The Republican demands would provide tax cuts to the millionaires and billionaires, fail to create jobs and increase the deficit. And to add insult to injury, the Republican estate tax proposal would help only 39,000 of America's richest families, while adding about $25 billion more to the deficit."
Media Resources: Statement of Nancy Pelosi 12/7/10; New York Times 12/7/10; CNN 12/8/10
10/24/2014 Potential Ballot Measure in DC Would Raise Minimum Wage to $15 - Low-wage workers in Washington, DC might see a significant increase in their pay, thanks to national labor rights group Restaurant Opportunities Center United (ROC).
This month, the DC Board of Elections approved language submitted by a local chapter of ROC to raise the minimum wage in the District to $15/hour by 2019. . . .