Obama to expand overtime pay


USA TODAY: New order would increase the number of workers who can receive overtime pay.

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USA TODAY: New order would increase the number of workers who can receive overtime pay.

A new Labor Department rule that could come as early as this week would increase the current overtime threshold — $23,660 per year — to as much as $52,000, meaning millions more workers would be eligible for time-and-a-half pay, Politico reports.

Congressional Republicans and business groups are poised to oppose the rule, saying employers will simply reduce hours for workers or refuse to hire people at all.

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