#US : “Obama to `Issue Executive Order’ Raising `Minimum Wage’ for `Federal Contract Worker’s’ to $10.10”

#AceFinanceNews says `Obama to Issue Executive Order‘ rising minimum wage for federal contract workers to $10.10

Breaking-News Alert US President Barack Obama will announce he is issuing an executive order to raise the minimum wage to $10.10 an hour for federal contract workers under new contracts, the White House said. He will lay out a strategy for getting around Congress and boosting middle-class prosperity on Tuesday in his State of the Union speech, Reuters reported. The president is expected to make clear in his 9pm (02:00 GMT Wednesday) address that he will bypass US lawmakers and go it alone in some areas by announcing a series of executive actions.


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