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Three ways that the CBO contradicts Obama on minimum wage

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A new report by the Congressional Budget Office (see this summary by the Washington Examiner's Joseph Lawler) contradicts several arguments President Obama has advanced as part of his campaign to raise the federal minimum wage to $10.10 per hour. Below, I've included excerpts from Obama's Feb. 12 speech pushing for a minimum wage hike followed by the CBO analysis.

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