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The “Procurement Act" allows President Obama to pass an executive order to raise the pay for federal contract workers.

Details are sketchy about the new retirement plan that President Obama proposed in the State of the Union Address last night, so it's too early to offer any verdict. What causes concern, though, is that the Obama administration has previously floated retirement schemes that would double down on America's failed experiment with individual private accounts that are the cornerstone of the 401(k).

Republicans didn't just respond to the State of the Union, they responded four times. The problem is that a lot of their talking points don't stack up with reality. 

1) Taxes Are Too High on The Rich

In fact, taxes have become less progressive since 1960:

Will Wilkinson is tired of arguing about inequality. He writes,

President Barack Obama will announce during Tuesday night’s State of the Union address that he's raising the minimum wage for workers under federal contracts to $10.10 per hour, an administration official told The Huffington Post.

If Congress won’t act on jobs and the economy, President Obama promises that he will—a message he’s expected to push in Tuesday’s State of the Union. The problem is, there’s not much the president can do his own. 

In Tuesday’s State of the Union address, President Obama will announce his intention to issue an executive order to raise the minimum wage for federal contractors to $10.10.

President Obama plans to sign an executive order requiring that janitors, construction workers and others working for federal contractors be paid at least $10.10 an hour, using his own power to enact a more limited version of a policy that he has yet to push through Congress.

After a year of strikes and protests there’s a victory for many federal workers demanding that their government to pay them a living wage. President Obama in tonight’s State of the Union address will announce plans to sign an executive order requiring federal contractors to pay workers at least $10.10 an hour. The action affects workers currently earning less and will apply to new federal contracts.