Obama: Raising Minimum Wage Will Boost Economy Without Tax Hikes, Spending

Weekly Address: Calling on Congress to Raise the Minimum Wage (White House)

WASHINGTON, DC— This week, President Obama took action to lift more workers’ wages by requiring that federal contractors pay their employees a fair wage of at least $10.10 an hour. In this week’s address, he highlights that executive action and calls on Congress to pass a bill to raise the federal minimum wage for all workers.