Starting next yearm businesses with new or renewed federal contracts will have to pay minimum wage workers $10.10 an hour. It's currently at $7.25 an hour.
Obama's order will likely affect fewer than half a million workers. But the hope is it will spur Congress to approve the same increase for all workers.
Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.