AirTalk for March 12, 2014

President Obama set to expand overtime pay for 'executive' and 'managerial' workers

Obama Meets With NCAA Division I Men's And Women's Champions At White House

Chip Somodevilla/Getty Images

U.S. President Barack Obama delivers remarks while congratulating the 2012-13 NCAA Division I men's and women's champions on the South Lawn of the White House March 10, 2014 in Washington, DC.

President Obama is set to issue an executive order that would expand overtime pay requirements for millions of workers, according to the New York Times

On Thursday, the president will order the Labor Department to require businesses to include "executive" or "managerial" workers for overtime pay. That category of workers could include a fast-food restaurant manager to a loan officer to a computer technician.

Under current laws, workers belonging to that classification that make about $24,000 a year could be denied overtime pay. President Obama, according to the Times, intends to raise that threshold.

Guests:

Ross Eisenbrey, Vice President of the Economic Policy Institute, a non-profit, non-partisan think tank focusing on low- and middle-income workers.

Daniel Mitchell, Senior Fellow at the CATO Institute, a libertarian think tank in DC. He served on the 1988 Bush/Quayle transition team and was an economist for the Senate Finance Committee

 


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