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President Barack Obama speak about increasing the minimum wage, Wednesday in the East Room of the White House in Washington. Earlier, Senate Republicans blocked an election-year Democratic bill that would boost the federal minimum wage, handing a defeat to the president on a vote that is sure to reverberate in this year's congressional elections. (AP Photo)
Sen. Charles Schumer, D-N.Y., the Democratic Policy Committee chairman, right, confers with Senate Majority Leader Harry Reid of Nev., on Capitol Hill in Washington, Wednesday after a bill to raise the minimum wage was stopped in the Senate. Senate Republicans blocked an election-year Democratic bill, the Minimum Wage Fairness Act, handing a defeat to President Barack Obama on a vote that is sure to reverberate in this year's congressional contests. (AP Photo)