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.
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