Obama Labor decree makes millions more eligible for overtime pay

JUDY WOODRUFF: The federal regulations governing overtime pay are changing for the first time since 2004. The U.S. Labor Department says its final rule, issued today, will be a boon to middle- and lower-income workers. Business groups say, in fact, it’s going to hurt those very employees.

The new rule means another 4.2 million workers will be eligible for overtime pay. Vice President Joe Biden hailed the move at an event today in Columbus, Ohio.

VICE PRESIDENT JOSEPH BIDEN: We have got to...

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