Wednesday, July 1, 2015

Obama Is Taking One of the Boldest Economic Steps of His Presidency

The president announced his plan to make the paychecks of nearly 5 million Americans a little fatter. President Barack Obama said he will more than double the overtime threshold, which currently sits at $23,660 for salaried employees. Under the new plan, eligible employees making less than $50,440 will be able to collect overtime.


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