New Orleans Democrat Senator Troy Carter believes all businesses who have 50 or more workers should pay at least $9.50 an hour. He has filed a bill to impliment the change by August 2019.
Since the retail giant built the wage increases into their $7 billion plan to invest into itself, the raises will not affect the company's bottom line.
President Barack Obama plans to issue an executive order earlier this morning to raise the minimum wage for federal contract workers to $10.10 per hour.
The White House says President Barack Obama will sign an executive order setting the minimum wage for workers under new federal contracts at $10.10 an hour. The president will announce the increase in his State of the Union address.