Based on pre-election statements delivered by Candidate Joseph R. Biden and subsequently after his election, the Administration will promote legislation to raise the Federal minimum wage from $7.25 per hour as set in 2009 to $9.50. Successive increments will raise the wage to $15 per hour over five years.  In a Presidential Executive Order, a minimum wage of $15 per hour is now in effect for Federal workers and presumably for contractors conducting working on behalf of the Federal government.

Legislation to raise the minimum wage will also address the subminimum wage for workers in part paid by tips, now at $2.13 per hour.