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Blog

The Federal Government’s New Overtime Rules Represent a Declaration of War on Job Flexibility and Small Employers

The Department of Labor recently finalized new standards to determine when salaried workers are eligible for overtime pay. While there is minimal evidence that these unilateral rule changes will achieve the aims claimed by the Obama administration, there will be clear harm to the liberty of employees who desire flexible work schedules, while imposing significant compliance costs on many employers. These costs fall especially hard on small employers, as highlighted in today’s House Small Business Committee hearing.

06/23/2016
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Blog

Obama Plans His Own Retirement, Vetoes Bill to Repeal Fiduciary Rule

Last month, the Senate voted 56-41 to rescind the Department of Labor’s “Fiduciary Rule” using the Congressional Review Act. This was after a House vote of 234-183 to repeal the regulation. Under the Congressional Review Act, the House and the Senate reserve the right to jointly overrule unnecessary or burdensome acts of regulatory overreach. Today, as promised, President Obama has blocked Congress' efforts to deregulate. This is the 10th veto of the Obama presidency.

06/08/2016
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Blog

Obama Vows to Veto Bill to Block Fiduciary Rule, Industry Groups Prepare to Sue

Last week, the Senate voted to rescind the Department of Labor’s “Fiduciary Rule” using the Congressional Review Act. Under the Congressional Review Act, the House and the Senate reserve the right to jointly overrule unnecessary or burdensome acts of regulatory overreach.

05/31/2016
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Blog

Congress Intensifies Battle Against Regulators As New Rules Grab Legislative Power

During a week in which regulators added $12.8 billion in costs, Congress intensified its battle against the regulatory state. This regulatory outburst comes as no surprise during Obama's final months in office. Earlier this month, regulators rushed to release a flood of regulations, hoping to enact new rules before the newly elected administration takes over.

05/31/2016
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Blog

Regulations Work Overtime to Hurt Employees, Small Businesses

Last week, the U.S. Department of Labor (DOL) announced revisions to the proposed rules interpreting the Fair Labor Standard Act’s regulations on the overtime compensation pay of white-collar, salaried workers. Currently, salaried employees making more than $23,660 annually are exempt from the DOL requirement that employers pay time-and-a-half for each hour over 40 hours weekly. The final rule, with several key changes to the proposed rule, will extend overtime pay protections to over 40 million American workers.

05/24/2016
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Press Release

FreedomWorks Foundation Blasts Department of Labor’s Fiduciary Rule

Following the U.S. Department of Labor’s promulgation today of a fiduciary rule that will make it more complicated for older Americans to get retirement investment advice, FreedomWorks Foundation Executive Director Curt Levey commented:

04/06/2016

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