House Republicans Fight to Delay Obama’s Overtime Rule
InsideSources discusses the overtime pay rule with Trey Kovacs.
The Competitive Enterprise Institute has been one of several policy groups expressing concern over the rule. Its research has found businesses, nonprofits and even colleges could be hurt. CEI Labor Policy Expert Trey Kovacs notes a six-month delay would be helpful but that it doesn’t address the main issue.
“It’s certainly not answering the real issue but it is a good compromise since it’s probably politically impossible to do away with the rule,” Kovacs told InsideSources. “Small businesses and nonprofits are really going to have a tough time achieving compliance with the rule by December 1. So giving them an additional six months will be extremely helpful.”
Read the full article at InsideSources.