President Barack Obama proposed a series of actions to deal with economic issues ranging from the minimum wage to tax reform and student loan debt during his State of the Union address on Tuesday evening.
As expected, Obama highlighted the need for employers to raise the minimum wage. He called on Congress, as in last year's speech, to raise the minimum wage. Recognizing that the prospects for passing such legislation in a divided Congress are unlikely, he said he would use executive action to raise the minimum wage to $10.10 an hour for federal contractors. He also urged business leaders and local lawmakers to follow the lead of a pizza shop owner in the audience who had decided to raise the wages for his employees.
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