ASAToday for July 3rd, 2025

CBO’s $15.00 Minimum Wage Report As President Biden attempts to increase the minimum wage to $15.00, it may be stymied by a new report from the non-partisan Congressional Budget Office (CBO), which stated that such an increase would boost jobless rolls by 1.4 million by 2025, even as 900,000 people get lifted out of poverty….

How Reconciliation Works The Small Business Legislative Council provided the following historical synopsis of the budget reconciliation process.  There has been much discussion and speculation regarding whether the Democrats will try to pass parts of President Biden’s proposed COVID relief bill using a process known as reconciliation.  As we watch all this play out, we…