Joe Biden to sign an executive order to Increase White House workers’ wages
President Joe Biden to sign an executive order that will Increase White House workers’ wages, as an effort to target anti-competitive practices in tech, health care, and other parts of the economy.
“In total, higher prices and lower wages caused by lack of competition are now estimated to cost the median American household $5,000 per year. Inadequate competition holds back economic growth and innovation.” the White House said in a fact sheet outlining the order Biden is expected to sign.
The sweeping order includes 72 recommendations and actions that according to the White House will lower prices for families, increase wages for workers, and promote innovation and even faster economic growth.