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CEI Praises Trump Decision on Labor Overtime Rule

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Today, the Trump administration announced a decision to not defend in court a controversial Obama-era mandate on overtime pay. CEI labor policy expert Trey Kovacs praised that decision:

"Today’s decision by the Trump administration to not defend the Obama administration’s job-killing mandate on overtime pay is a much-needed step toward repealing the misguided regulation, building on the Labor Department decision earlier this week to start work on a new, less onerous rule on overtime pay. If implemented, the overtime rule would have forced employers to face tough decisions on how to cut labor costs in order to afford the rule’s huge costs and paperwork burden. Instead of getting a pay increase, most workers would have seen their hours cut, flexible work arrangements eliminated, benefits reduced, and diminished prospects for promotion. The way to help workers increase financial security and improve job opportunities is to lift heavy-handed government mandates off of America’s job creators."

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