White House aims to force firms to pay more overtime

Washington Examiner discusses the Department of Labor's overtime rule with Trey Kovacs. 

Critics said that rather than paying out more overtime, many businesses instead would be forced to cut back on worker hours or reduce pay to manage the higher labor costs.

"The overtime rule will mean many salaried workers on a management track will be downgraded to hourly status, with restrictive schedules and worse career prospects," said Trey Kovacs, labor policy analyst for the Competitive Enterprise Institute, a free-market think tank.

Read the full article at Washington Examiner.