Morning Read: Maryland Senate Panel Rejects Minimum Wage Increase


Maryland’s Senate Finance Committee voted Wednesday against a measure that would have increased the state's minimum wage from the current rate of $7.25 per hour to $10 by 2015.

The committee voted 8-3 against the legislation.

The arguments for and against the increase followed the typical minimum wage debate.

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Supporters of the measure said that an increase in the wages would increase consumer spending and pump millions of dollars into the state economy. Opponents argued that wage increases would increase employer costs, leading to price increases and possible layoffs.


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