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Government PoliciesNewsVideo

Can the Government Take Over Your Payroll?

Will Donald Trump win the 2024 election?

Does the federal government have the right to tell local businesses how much to pay their employees?

Fox News reports:

President Obama unveiled a long-awaited plan to drastically expand the number of people eligible for overtime pay, in a move that he said would ensure “hard work is rewarded” — but that critics warn could hurt job growth at a fragile time.

Under the proposal unveiled late Monday, salaried workers who earn nearly $1,000 per week would become eligible for overtime pay.

The rule from the Labor Department would more than double the threshold at which employers can avoid paying overtime, from the current $455 a week to $970 a week by next year. That would mean salaried employees earning less than $50,440 a year would be assured overtime if they work more than 40 hours per week, up from the current $23,660 a year.

“We’ve got to keep making sure hard work is rewarded,” Obama wrote in an op-ed in The Huffington Post. “That’s how America should do business. In this country, a hard day’s work deserves a fair day’s pay.”

Democrats have a gift at saying things that should be happening in the world, but have no business being enforced by the strong arm of government. Yes, hard work should be rewarded. However, it’s not for the government to decide how private employers manage their payroll. Next they will be penalizing small businesses for not following expensive health care mandates. Oh wait….

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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