The Obama Administration recently published a final rule that changes eligibility requirements for receiving overtime pay.
Under the new rule, the salary threshold for eligibility for overtime was more than doubled — and, U.S. Sen. Tim Scott (R-SC) said, will lead to problems and dire consequences for American workers.
“The Obama Administration’s new overtime rule will have swift and damaging impacts on hard working American families, as well as small businesses, non-profits and colleges and universities,” Scott, who is also a member of the Senate Labor Committee, said. "This President and his Administration continue to disregard the full economic realities of their policies, and their lack of foresight is clearly evident in the final overtime rule. Our nation’s economy, which is still struggling to recover, simply cannot afford to have the Obama Administration continue to implement more damaging rules and regulations. Bureaucrats in Washington cannot create jobs, but they certainly can destroy them."
Scott is co-author, along with U.S. Sen. Lamar Alexander (R-TN), U.S. Rep. Tim Walberg (R-MI) and U.S. Rep. John Kline (R-MN), of the Protecting the Workplace Advancement and Opportunity Act — a piece of legislation that would effectively abolish the new overtime rule and require the Department of Labor to perform an analysis on the impact the new overtime rule would have on small businesses, not-for-profit organizations and public employers before any new overtime rules could be enacted.
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