zimv20
Nov 22, 2003, 05:17 PM
link (http://www.newsday.com/business/nationworld/ats-ap_business14nov22,0,4185595.story?coll=sns-business-headlines)
White House Wins Fight on OT Rule Changes
By ALAN FRAM
Associated Press Writer
November 22, 2003, 3:17 AM EST
WASHINGTON -- Foes of the Bush administration's proposed rules changing which workers would qualify for overtime pay abandoned their fight Friday in the face of unrelenting pressure from the White House and the House.
Sen. Arlen Specter of Pennsylvania, the chief Republican opponent of the new rules, agreed to drop a provision killing the regulations from a massive spending bill, lawmakers, congressional aides and lobbyists said.
Critics of the new rules said they could lead to 8 million Americans losing eligibility for overtime pay, largely white-collar workers earning more than $65,000 a year. Administration officials say more than 644,000 such employees would lose the time-and-a-half pay now required when they work more than 40 hours in a week.
[...]
"Just in time for the holidays, the White House has delivered another gift for big business, along with a pay cut for millions of working families," Harkin said in a written statement.
[...]
The department [of Labor] says its proposal would require that 1.3 million low-wage workers now ineligible for overtime pay to start receiving it or a salary boost. Officials proposed boosting the salary cap in current law from $8,060 a year, set in 1975, to $22,100 a year to help the low-income workers. Opponents were not trying to block that provision.
White House Wins Fight on OT Rule Changes
By ALAN FRAM
Associated Press Writer
November 22, 2003, 3:17 AM EST
WASHINGTON -- Foes of the Bush administration's proposed rules changing which workers would qualify for overtime pay abandoned their fight Friday in the face of unrelenting pressure from the White House and the House.
Sen. Arlen Specter of Pennsylvania, the chief Republican opponent of the new rules, agreed to drop a provision killing the regulations from a massive spending bill, lawmakers, congressional aides and lobbyists said.
Critics of the new rules said they could lead to 8 million Americans losing eligibility for overtime pay, largely white-collar workers earning more than $65,000 a year. Administration officials say more than 644,000 such employees would lose the time-and-a-half pay now required when they work more than 40 hours in a week.
[...]
"Just in time for the holidays, the White House has delivered another gift for big business, along with a pay cut for millions of working families," Harkin said in a written statement.
[...]
The department [of Labor] says its proposal would require that 1.3 million low-wage workers now ineligible for overtime pay to start receiving it or a salary boost. Officials proposed boosting the salary cap in current law from $8,060 a year, set in 1975, to $22,100 a year to help the low-income workers. Opponents were not trying to block that provision.
