President Joe Biden signed an executive order Tuesday to increase the minimum wage to $15 an hour for federal contractors, providing a pay bump to hundreds of thousands of workers. Biden administration officials said that the higher wages would lead to greater worker productivity, offsetting any additional costs to taxpayers. The White House said the workers would include cleaning professionals and maintenance workers, nursing assistants who care for veterans, cafeteria workers providing for the military and laborers who build and repair federal infrastructure.
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