In a blog post on The Huffington Post Monday night, President Obama announced a plan to expand overtime protections to nearly 5 million workers in 2016:
It’s been a good few days for America.
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But more work lies ahead, if we are to succeed in making sure this recovery reaches all hardworking Americans and their families.
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This week, I’ll head to Wisconsin to discuss my plan to extend overtime protections to nearly 5 million workers in 2016, covering all salaried workers making up to about $50,400 next year. That’s good for workers who want fair pay, and it’s good for business owners who are already paying their employees what they deserve — since those who are doing right by their employees are undercut by competitors who aren’t.
That’s how America should do business. In this country, a hard day’s work deserves a fair day’s pay. That’s at the heart of what it means to be middle class in America.