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Judge blocks Obama rule extending overtime pay
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[quote:MarkInMichigan:MV8zMzczMjgyXzYwMTE1NjEyX0ZDRjJBNDgx] I love how they call it a "rule". It was an Executive Order FFS! Another unlawful act attempted to be perpetrated upon us. I mean the basic facts in reporting and they can't even do that. Call the shit for what it is. [/quote]
Original Message
Here's to hoping (for small business owner's sake) this block holds up and this doesn't go through - at least at the amounts President Obama proposed.
"A federal judge on Tuesday blocked an Obama administration rule to extend mandatory overtime pay to more than 4 million workers from taking effect, imperiling one of the outgoing president's signature achievements for boosting wages.
U.S. District Judge Amos Mazzant in Sherman, Texas, agreed with 21 states and a coalition of business groups, including the U.S. Chamber of Commerce, that the rule is unlawful and granted their motion for a nationwide injunction. It was to take effect Dec. 1.
The rule would have doubled to $47,500 the maximum salary a worker can earn and still be eligible for mandatory overtime pay."
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