U.S. President Barack Obama on Monday announced a proposal that would make nearly 5 million more workers eligible for overtime pay, a move that would touch nearly every sector of the U.S. economy and could face legal challenges.
Obama in an editorial posted on the Huffington Post website said the proposal would more than double the maximum income a salaried worker can earn and still be eligible for overtime pay to $50,440, or $970 a week. The current threshold is $23,660.
"Right now, too many Americans are working long days for less pay than they deserve," Obama wrote.
BY DANIEL WIESSNER
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