Obama On Minimum Wage: Give America a Raise 1/29/14
January 29, 2014
LANHAM, Md. — As he continues his push for an increase in the minimum wage, President Barack Obama has visited a Costco store in suburban Maryland, to drive home the argument that businesses that pay higher wages can improve their bottom line.
He said entry-level Costco employees make $11.50 an hour. The current federal minimum wage is $7.25, but Obama wants Congress to raise it above $10.
Obama is acting on his own to raise the minimum wage for new federal contract workers to $10.10.
He says no one who works fulltime should ever have to raise a child in poverty.