President Barack Obama will act to raise the minimum wage for federal contractors from $7.25 to $10.10, fulfilling a big wish for liberals, the White House announced.
The executive order to be announced at Tuesday’s State of the Union address would cover only the fraction of 2 million federal contractors making the minimum wage.
The president will also renew his call for Congress to raise the minimum wage for all workers to $10.10 via a bill from Democrats Sen. Tom Harkin of Iowa and Rep. George Miller of California that would then tie it to the rate of inflation.