Obama to Congress: Give America a Raise

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Jan. 28 (Bloomberg) –- President Barack Obama discusses the minimum wage during his 2014 State of the Union Address in Washington, D.C. (Source: Bloomberg)

Legislator in america, i say you don't have to wait for congress to act.

Americans will support you if you take this on.

As a chief executive, i intend to lead by example.

Profitable corporations like costco see higher wages as the smart way to boost productivity and reduce turnover.

We should too.

In the coming weeks, i will issue an executive order requiring federal contractors to pay their federally funded employees a fair wage of at least $10.10 an hour because if you cook our troops' meals or watch their dishes, you should not have to live in poverty.

[applause] of course, to reach millions more, congress does need to get on board.

Today the federal minimum wage is worth about 20% less than it was when ronald reagan workers -- first stood here.

Tom harkin and george miller have a bill to lift that by raising the minimum wage to $10.10. it is easy to remember, 10 10. it will give businesses customers more money to spend.

It does not involve any new bureaucratic programs.

Join the rest of the country.

Say yes.

Give america a raise.

[applause] give them a raise.

[applause]

This text has been automatically generated. It may not be 100% accurate.

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