retail news in context, analysis with attitude

Politico reports that the US House of Representatives has voted 246-177, largely along party lines, "to delay by six months implementation of the Labor Department’s overtime rule," saying that the new rule “burdens hard-working small business owners” and “jeopardizes vital services for vulnerable Americans.”

The rule, Politico writes, virtually doubles to $47,476 "the salary threshold under which virtually all workers are guaranteed time-and-a-half pay whenever they work more than 40 hours in a given week."

Every Republican in the House voted for the delay, along with five Democrats. The Senate will consider a companion bill, but neither legislation is expected to go very far, since a veto by President Barack Obama is all but assured.
KC's View: