Congress Agrees on Tax Cuts for Minimum Wage Bill

WASHINGTON — Democratic leaders in the House and Senate said they have reached an agreement on a $4.8 billion package of tax cuts for small businesses that could help gain passage of a minimum-wage hike. Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee, and Rep. Charles Rangel, D-N.Y., chairman of the House Ways and Means Committee, said they had reached a compromise between the $1.3 billion in tax cuts approved by the House and the $12 billion sought by

Register to view the full article