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Re: Obama Makes More Americans Eligible for Overtime

By: ribit in FFFT3 | Recommend this post (1)
Tue, 30 Jun 15 6:54 PM | 74 view(s)
Boardmark this board | Food For Further Thought 3

Msg. 13876 of 65535
(This msg. is a reply to 13870 by clo)
Jump:

clo
...does this law apply only to Americans? Will they have to show an id to take advantage of it?

Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:

Obama Makes More Americans Eligible for Overtime
By: clo in FFFT3
Tue, 30 Jun 15 1:30 PM

Msg. 13870 of 65535

Obama Makes More Americans Eligible for Overtime
Monday, June 29, 2015 9:49 PM EDT

President Obama announced Monday night a rule change that makes millions more Americans eligible for overtime pay.
The rule would raise the salary threshold below which workers automatically qualify for time-and-a-half overtime wages to $50,440 a year from $23,660, according to an op-ed by the president in The Huffington Post.

The administration has the power to issue the regulation, which would restore the overtime salary threshold to roughly where it stood in 1975 in terms of purchasing power, without congressional approval.

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