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President Barack Obama gestures while speaking about increasing the minimum wage, Wednesday, April 30, 2014, 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)

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Sen. Bob Corker, R-Tenn., right, accompanied by Sen. John McCain, R-Ariz., listens during a news conference on Capitol Hill in Washington, Wednesday, April 30, 2014. Corker was the only Republican to cross party lines and vote "yes" in favor of allowing debate on the Minimum Wage Fairness Act to proceed. The measure was stopped in the Senate, handing a defeat to President Barack Obama on a vote that is sure to reverberate in this year's congressional contests. (AP Photo)

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President Barack Obama pauses as he speaks bout increasing the minimum wage, Wednesday, April 30, 2014, 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)