Pres. Biden To Raise Minimum Wage For Federal Contractors

The video discusses a policy to raise the minimum wage for employees to $15 an hour by January 30th next year, up from the current baseline of just under $11. The president's attempt to increase the federal minimum wage through a COVID relief bill was unsuccessful. However, the White House believes that increasing wages for contract workers will lead to higher wages for non-government employees due to labor market competition.

What was the purpose of the president's COVID relief bill regarding minimum wage?

What does the White House believe will happen to wages for non-government employees?