Rewriting the rules about overtime pay

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Guests: Damiel Paletta, Ross Eisenbrey and James Sherk

Last week, President Barack Obama directed the Labor Department to rewrite overtime pay rules so that more workers would be eligible for time-and-a-half pay when they put in extra hours. The rules would affect salaried employees who make more than $455 a week and are currently ineligible for overtime because they are considered management, even though they do most of the same tasks as hourly workers who do get overtime pay. We’ll delve deeper into the issues at hand with three guests – Wall Street Journal reporter DAMIAN PALETTA and economists ROSS EISENBREY of the Economic Policy Institute and JAMES SHERK of the Heritage Foundation.

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