The Trump administration has signed a number of executive orders in the past few weeks, including one that will allow businesses to raise wages for the first time in years.
The executive order was signed Tuesday.
The White House says it will provide $4 billion in tax credits to help businesses pay for hiring, but it will not allow them to raise the minimum wage.
The $4.8 billion in wage assistance was announced by President Donald Trump in April, but the White House has been mum about how much it will help.
The president has previously suggested the federal minimum wage could be raised in the future.
The new policy is the first executive order from the administration to target the economic recovery and the economy’s recovery.
In an interview with NBC’s Meet the Press, President Donald J. Trump said the executive order would give workers a raise and create a “more level playing field.”
“The $4 million we’re going to give you will be the largest ever in history,” Trump said.
“We’re going back to the ‘good old days’ when you could earn anywhere from $15,000 to $20,000 a year.
You could earn that with your own money.
We’re going up to $24,000.”
Trump has proposed $5.6 trillion in tax cuts over 10 years and has proposed to reduce taxes on individuals and corporations, which have grown steadily under his administration.
The President said he wants to make the wealthiest Americans pay more, while making tax cuts for everyone else.
Trump also wants to eliminate some of the deductions, loopholes, and credits that corporations enjoy.