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Three ways that the CBO contradicts Obama on minimum wage

By Philip Klein
Published February 18, 2014 5:00am ET
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Three ways that the CBO contradicts Obama on minimum wage
In his weekly address last Saturday, President Obama described his proposal to increase the federal minimum wage from $7.25 to $10.10 per hour in language suggesting this would not be a tax increase. (AP Photo) | Jose Luis Magana

A new report by the Congressional Budget Office (see this summary by the Washington Examiner‘s Joseph Lawler) contradicts several arguments President Obama has advanced as part of his campaign to raise the federal minimum wage to $10.10 per hour.

Below, I’ve included excerpts from Obama’s Feb. 12 speech pushing for a minimum wage hike followed by the CBO analysis.

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Barack Obama Congressional Budget Office Labor Minimum Wage Philip Klein Unemployment