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Helpful, a set of signal experiments over time and across states. this research has been extremely conclusive. these job loss effects hover around zero. some fin small loss effects, but on net, the benefits of the increase by a large margin fall to the people they're supposed to, low-wage workers get a boost. >> at some point where does this money come from? the order argument is the businesses have to pass on the costs. >> that's exactly right. i have a simple acronym -- product activity, prices and profits. >> some pretty inefficient things get squeezed out a bit. rakances, turnovers, you pa...

Have you on. thanks for coming in. jenna: another big story today, a news conference set to begin a short time from now. lawmakers demanding more answers from the justice department on the federal gun-walking program called fast and furious that, basically, put weapons in the hands of criminals because of a lack of control and oversight. william la jeunesse is live in los angeles with more on this. william, what is this all about today? >> reporter: well, about a dozen conservative republicans including paul go czar from will again go after attorney general holder. they're part of the group of...