The $15 Minimum Wage Fight: Biden vs. the 5th Circuit and the Future of Government Contracts

President Biden's ambitious plan to raise the minimum wage for government contractors to $15 hit a roadblock after a Texas judge ruled the Department of Labor lacked authority. Biden argues for the increase based on existing laws, while small businesses worry about increased costs and reduced competition. The legal battle, currently appealed, will influence both the fate of the $15 wage and the DOL's future regulatory power in the sector.