An Obama Administration executive order / regulation (hard to tell the difference any more)
Department of Labor
29 CFR Part 10
Establishing a Minimum Wage for Contractors; Proposed Rule
34568 Federal Register / Vol. 79, No. 116 / Tuesday, June 17, 2014 / Proposed Rules
This document proposes regulations to implement Executive Order13658, Establishing a Minimum Wage for Contractors, which was signed by President Barack Obama on February 12, 2014.
The Executive Order therefore seeks to increase efficiency and cost savings in the work performed by parties that contract with the Federal Government by raising the hourly minimum wage paid by those contractors to workers performing on covered Federal contracts to: $10.10 per hour, beginning January 1, 2015; and beginning January 1, 2016, and annually thereafter, an amount determined by the Secretary of Labor.
Liberal and leftish economists in the audience, please explain the line in bold.
The administration wants to apply this to concessionaires as well. This will force us to raise a $20 camping rate by $4 a night.