John Thune Touts Rolling Back Overtime Rules As A Way To 'Get Wages Back Up'
Earlier this year, the Obama administration released some new and long overdue overtime rules, which would have put more money into average American's pockets, and that would have doubled the level under which salaried workers must be paid overtime from $23,660 per year to $47,476 per year. This, of course, had Republicans like Paul Ryan's panties in a bunch, and sadly, the rule was blocked by a federal judge in Texas just before it was scheduled to take effect.
On this weekend's Sunday Morning Futures with Maria Bartiromo, South Dakota Sen. John Thune touted the likelihood that the Trump administration will make that decision permanent. Thune positioned taking money away from working Americans as one of the many ways his party is planning on improving the economy and making the lives of working Americans better, along with building the Keystone Pipeline, and taking away health insurance from millions of Americans by repealing the Affordable Care Act.
BARTIROMO: Senator, how does this impact the domestic agenda from your standpoint? What do you think is realistic in terms of new regulations, moving forward, let's call it the first one to two hundred days?