Rep. Kurt Schrader, (D), Oregon, has proposed a bill which would roll back the Department of Labor’s new rule that expands the overtime rights of salaried employees who earn less than $47,476 a year ($913 per week).
The explanation is here: http://www.epi.org/publication/schrader-bill-would-gut-the-department-of-labors-new-overtime-rule/
Why is this important?
It is important because of the irrefutable fact that when workers make less money they will buy fewer products from businesses and THE BUSINESSES WILL GO BANKRUPT.
It's simply depressing to see how the Class Warriors fail to connect the effects of their selfishness on their own prosperity. Such stupidity is incomprehensible.