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Today, President Barack Obama honored his promise from last month’s State of the Union address to raise the minimum wage for some workers indirectly employed by the federal government. In a new executive order, he raised the minimum wage from $7.25 to $10.10 an hour, effective Jan. 1, 2015. The White House estimates the order will affect hundreds of thousands of workers employed by private companies with government contracts. [...]

NEW YORK—Today, Demos released the following statement applauding Attorney General Eric Holder’s support for restoring the voting rights of people with past felony convictions.  Holder spoke at Georgetown University Law Center  in Washington, D.C., saying “It is time to fundamentally reconsider laws that permanently disenfranchise people who are no longer under federal or state supervision.”

Demos’ Vice President of Legal Strategies, Brenda Wright, said this of the news:

For hundreds of thousands of low-paid employees of federal contractors, the executive order President Obama announced in his State of the Union address will make a important difference in their incomes and lives.

After years of freelancing, a journalist friend of mine recently landed a great reporting job that comes with a nice salary and benefits. Another friend's book broke out in a big way, such that she can now command five-figure speaking fees. Still another friend, an academic, has turned into a star dean at a major university -- with various perks. 

When Louisiana lawmakers convened in 1898 to update the state constitution, one of the major complaints among them was that the recently ratified 15th Amendment prevented them from disenfranchising black people as they desired. The president of that convention, E.B. Kruttschnitt, proclaimed that a white majority would eventually overcome the 15th amendment’s voting rights mandate. Said Kruttschnitt:

The smart money is betting that tax reform won't happen this year, or anytime soon. Not with an election just 10 months away, and an even bigger one following close on its heels. 

That's too bad, because tax reform is one of the few issues where you could actually imagine a really interesting and useful bipartisan debate. What's more, there would be plenty of upsides to such a debate for progressives. 

If you need an illustration of why the redistricting process matters, North Carolina is instructional.

If the road to hell is paved with good intentions, perhaps the same could be said about many of today’s 401K plans.  Employers craft benefit packages with the best of intentions, yet, there’s a good chance you may be administering or participating in a retirement plan not in compliance with new Employee Retirement Income Security Act of 1974 (ERISA) regulations.  Last year nearly 75% of plans audited by the Department of Labor (DOL) were either fined, received penalties or had to make reimbursements fo

Twitter's stock fell sharply this week as evidence mounted that growth of new users was hitting a plateau and earnings were likely to stagnate as a result. Next up will be a scramble to pump up Twitter's earnings over the next few quarters, with the company already vowing to make the site easier for new users to navigate. If that doesn't work, expect other steps -- like layoffs and new aggressive efforts to monetize Twitter through more sponsored tweets or whatnot.