Reuters - Video

EDITION: U.S. | U.K. | IN

Politics

Obama: "It's time to give America a raise"

Saturday, Mar 08, 2014 - 00:43

March 8 - U.S. President Barack Obama says he's working to raise minimum wage to $10.10 per hour in his weekly address. Rough Cut (no reporter narration).

▲ Hide Transcript

View Transcript

ROUGH CUT (NO REPORTER NARRATION) STORY: In his weekly address, U.S. President Barack Obama said "It's time to give America a raise." He's signed an executive order to raise minimum wage for those working under new federal contracts from $7.25 to $10.10 per hour. "Because we believe that nobody who works full-time should have to live in poverty," Obama said. "About half of all republicans support raising minimum wage, too. It's just too bad they don't serve in Congress." Obama says is time for what his administration is calling "10-10." Obama has proposed raising the federal minimum wage to $10.10 per hour, up from the current level of $7.25, which he said would lift wages for 28 million people. Three-quarters of Americans agree it should be hiked. Obama and his fellow Democrats are fighting to keep control of the Senate in November midterm elections, and are promoting populist measures that poll well, like raising the minimum wage, seeking to set themselves apart from Republicans. But, Republicans have made objections to raising the minimum wage, bolstered by a report from the nonpartisan Congressional Budget Office which said the plan could lead to 500,000 fewer jobs.

Obama: "It's time to give America a raise"

Saturday, Mar 08, 2014 - 00:43

Top News »

The Exchange »

Moving Pictures »