The plans come in three identified areas: "middle class security and opportunity at work," "jobs and economic opportunity," and "schools and education opportunity."

Here are the basics, as outlined by the White House:

•   Raising the Minimum Wage through Executive Order to $10.10 for Federal Contract Workers. The President will also continue to urge Congress to raise the minimum wage to $10.10 across the nation because no one who works full-time should have to raise their family in poverty.