Boehner Warns Minimum Wage Hike Will Hurt Minorities

Boehner Responds To Obama Statement On Debt TalksHouse Speaker John Boehner today said that President Obama’s expected executive order to increase the minimum wage for federal contractors will hurt low-income African-Americans and Hispanics because employers would not be able to afford as many employees. “I used to be an employer. When you raise the cost of something, you get less of it,” Boehner, R-Ohio, said during a news conference on Capitol Hill today. “We know from increases in the minimum wage in the past that hundreds of thousands of…

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