Author Topic: CBO Estimates Minimum Wage Hike Would Cost Private Sector $15 Billion; Networks Silent  (Read 277 times)

0 Members and 1 Guest are viewing this topic.

Offline Gazoo

  • Inactive Members
  • Hero Member
  • ****
  • Posts: 3,968

By Matt Hadro | March 28, 2014 | 19:26

The network evening news casts have yet to report an estimate by the Congressional Budget Office that President Obama's proposal to hike the minimum wage would cost the private sector $15 billion and raise the deficit.

The CBO report came out on Wednesday, but as of Friday evening the networks have ignored it. As the Washington Free Beacon pointed out, the CBO says that Obama's minimum wage would raise the deficit by $5 billion over 10 years and cost private employers $15 billion.

When the CBO estimated in February that the wage proposal could cost 500,000 jobs, CBS was the only network to report it on the evening news casts. Two days after the more recent estimate, all the networks have been silent.

Read more:
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Offline rangerrebew

  • America defending Veteran
  • TBR Contributor
  • Hero Member
  • *****
  • Posts: 53,328
  • “It’s easier to fool people than to convince them
As the networks see it, there is no purpose in telling the truth - if it isn't sensational or gory.  They've accepted the "National Inquirer" model of "journalism."
America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves. Abraham Lincoln

Nearly all men can stand adversity, but if you want to test a man's character, give him power. Abraham Lincoln

Be sure you put your feet in the right place, then stand firm. Abraham Lincoln

Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo