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February 12, 2014 AT 10:53 AM
President Barack Obama increased the minimum wage for a few hundred thousand federal contractors on Wednesday, then pressed the divided Congress to pass broader legislation that would apply to all workers. He signed the measure Wednesday in a White House ceremony where he was flanked by Americans who would make more money if lawmakers take more sweeping action. White House officials concede that the executive order, which raises the hourly wage from $7.25 to $10.10, only applies to a small percentage of the more than 2 million federal contractors.