CBO: Minimum Wage Hike Could Boost Paychecks – And Cut Jobs

[Luke Skywalker]

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hide captionDarlene Handy of Baltimore holds up a banner at a rally supporting a pay measure in Maryland. More than 20 states have raised minimum pay rates above the federal level.

Jose Luis Magana/AP
Darlene Handy of Baltimore holds up a banner at a rally supporting a pay measure in Maryland. More than 20 states have raised minimum pay rates above the federal level.
Jose Luis Magana/AP

Whatever you already believed about raising the federal minimum wage, you now have more ammo for your argument, thanks to a report released Tuesday by the Congressional Budget Office, titled