Quote of the Day 7/1/2015

“There are plenty of businesses out there who do right by their employees and pay a living wage. This will actually create a more level playing field for those companies because they’ll no longer be at a disadvantage to competitors who get labor at poverty wages.”

-Oklahoma Policy Institute’s Policy Director Gene Perry, speaking about President Obama’s proposal to expand the number of employees eligible to earn overtime pay for working more than 40 hours per week. The proposed Department of Labor rule would increase the income threshold for overtime eligibility from $23,660 to $50,440 (Source).