Biden to Sign Executive Order Increasing Minimum Wage for Federal Contractors

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"Vice President Joe Biden" (CC BY-NC 2.0) by Antonio Villaraigosa

President Biden has managed to garner a reputation as a president of executive orders. During Biden’s first week in office, he signed more executive orders than his predecessors before him. In spite of the Democrat president’s talk about being a leader of bipartisanship, his actions don’t align with this. 

“Vice President Joe Biden” (CC BY-NC-ND 2.0) by Cabinet Office

In fact, Biden is gearing up to pass yet another executive action. According to Newsmax, the president is getting ready to sign another executive order; this time, the action will center around increasing the minimum wage for workers in the federal contracting sector. 


What to Know About Biden’s Latest, Upcoming Executive Order 

Under Biden’s executive order, federal contractors will receive a bare minimum of $15 per hour.

According to the Biden administration, this executive action will ultimately result in more productivity; the White House also believes that the productivity increases will counteract any potential gains passed down to American taxpayers. Apparently, this executive order will also impact hundreds of thousands of individuals working as federal contractors. 

Right now, the minimum wage earned by federal contract workers is $10.95. Biden’s executive orders will change this and require federal agencies to begin implementing the wage increase into new contracts by January 30, 2022. 


More Executive Orders to Come from President Biden

Thus far, Biden’s executive orders have engendered job loss for union workers, infringements upon gun owners, and more. Republicans have criticized the 46th president for consistently relying on executive orders, rather than sticking to his words and inaugural speech that centered around bipartisanship. 

If Biden continues as he has been, many more executive orders will come from this president. Biden hasn’t demonstrated any interest in truly working with Congress, unless working with Congress involves having Democrat lawmakers serve as reinforcements for his bills. To this very day, Biden continues refusing meetings with Kevin McCarthy, the GOP House Minority Leader. 

Time and time again, it’s been proven that the free market always adjusts to offset disruptions caused by minimum wage hikes. As demonstrated by the Biden administration, however, the consequences of minimum wage hikes are not being taken into account with this executive order. 

What do you think about President Biden’s executive order to raise the minimum wage for federal contract workers? Do you think this executive action will positively impact federal contractors? Let us know your thoughts about this upcoming change down below in the comments section.