President Obama Proposes To Expand Overtime Pay
A raise may be coming to millions of Americans who work overtime, but don’t get paid for it.
FOX News Radio’s Rachel Sutherland reports from Washington:
President Obama says overtime exemptions for salaried workers are outdated. Right now, full-time employees who make $23,660 or more a year can be denied overtime. Under new regulations to be proposed by the White House, salaried workers who make up to $50,400 a year would be able to earn overtime. Some small business owners view this an intrusion from the federal government that will drive up costs. The plan does not require Congressional approval.
In Washington, Rachel Sutherland, FOX News Radio.