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Senate approves minimum wage increase

The Startribune is reporting the Senate has recently today passed a bill concerning minimum wage raising it from $2.10 to $7.25 an hour over two years.

The bill passed with a 94-3 vote. The minimum wage has not been raised in a decade.

CNN is reporting the bill comes with some tax issues. The Senate added tax cuts for small businesses and higher taxes for many $1 million-plus executives.