From American Progress:
MINIMUM WAGE -- SENATE MULTIMILLIONAIRES VOTE TO BLOCK WAGE HIKE:
After repeated delays by conservatives, the Senate voted 87-10 yesterday to end debate on legislation that will raise the minimum wage for the first time in a decade, from $5.15 to $7.25. The bill is expected to move to a full vote in the next several days.
Ten conservative senators stuck together and voted to further delay raising the minimum wage.
As ThinkProgress detailed in a report last year, at least two of those 10 senators -- Judd Gregg (R-NH) and Johnny Isakson (R-GA) -- are multimillionaires with a combined fortune of up to $35.5 million. In financial statements, Gregg shows holdings of between $3,402,000 and $10,055,000, including between $1,000,000 and $5,000,000 in Fleet Bank stock, while Isakson shows holdings of between $7,631,000 and $25,515,000, including millions in Georgia real estate.
Despite their enormous personal wealth, they refuse to grant even a small raise to the nearly 8 million Americans who live on $5.15 an hour.
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