{"id":5420,"date":"2023-08-31T21:30:55","date_gmt":"2023-08-31T21:30:55","guid":{"rendered":"https:\/\/wifamily.news\/?p=5420"},"modified":"2023-09-06T22:19:20","modified_gmt":"2023-09-06T22:19:20","slug":"overtime-pay-requirement-proposal-would-hurt-economy","status":"publish","type":"post","link":"https:\/\/wifamily.news\/?p=5420","title":{"rendered":"Overtime Pay Requirement Proposal Would Hurt Economy"},"content":{"rendered":"<p>This post originally appeared at <a href=\"https:\/\/www.wmc.org\/wmc-in-the-news\/overtime-pay-requirement-proposal-would-hurt-economy\/\">https:\/\/www.wmc.org\/wmc-in-the-news\/overtime-pay-requirement-proposal-would-hurt-economy\/<\/a><\/p>\n<p>The Biden Administration is proposing a new rule that would require overtime pay for most salaried workers earning less than $55,000 per year.<\/p>\n<p>\u201cIt\u2019s going to be very expensive,\u201d said Scott Manley, Executive Vice President of Government Relations for Wisconsin Manufacturers and Commerce. \u201cThe Biden Administration says it\u2019s going to cost over a billion dollars and we think it\u2019s actually going to be quite more than that. And what that\u2019s going to mean for everybody like you and I is that businesses are going to increase their prices.\u201d<\/p>\n<p>The Obama Administration pitched a similar proposal in 2016. It would\u2019ve raised the overtime pay salary threshold to $47,476. The proposal was blocked in federal court in 2017.<br \/>\n\u201cThe federal court found that presidents don\u2019t have the legal authority to do this,\u201d said Manley. \u201cSo we think it\u2019s illegal, the federal courts have said it\u2019s illegal and we think it\u2019s likely to be challenged and struck down.\u201d<\/p>\n<p><span style=\"text-decoration: underline\"><a href=\"https:\/\/twitter.com\/WisconsinMC\/status\/1697269363093447036?s=20\" target=\"_blank\" rel=\"noopener\">Click here to watch the interview.<\/a><\/span><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.wmc.org\/wmc-in-the-news\/overtime-pay-requirement-proposal-would-hurt-economy\/\">Overtime Pay Requirement Proposal Would Hurt Economy<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.wmc.org\">WMC Wisconsin&#8217;s Chamber <\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This post originally appeared at https:\/\/www.wmc.org\/wmc-in-the-news\/overtime-pay-requirement-proposal-would-hurt-economy\/ The Biden Administration is proposing a new rule that&#8230;<\/p>\n","protected":false},"author":2,"featured_media":440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-5420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wmc"],"_links":{"self":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/5420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5420"}],"version-history":[{"count":1,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/5420\/revisions"}],"predecessor-version":[{"id":5421,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/5420\/revisions\/5421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/media\/440"}],"wp:attachment":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}