U.S. Chamber Of Commerce Opposes Federal Wage Hike

By Amanda Ernst (November 16, 2006, 12:00 AM EST) -- The U.S. Chamber of Commerce announced Wednesday that it will oppose an increase in the federal minimum wage, an issue expected to be addressed by the Democratic Congress once it convenes in January.

"Increasing the minimum wage may sound like a good idea at first, but upon closer examination, it creates more problems than it solves," the Chamber of Commerce's labor law policy director Marc Freedman said in a radio statement.

The Chamber of Commerce, the country's largest employer interest organization, boasts 3 million members, many of which are small businesses that will be directly affected by a raise in the...

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