Just announced: President Obama is extending overtime pay to millions more Americans

The White House
Just announced: President Obama is extending overtime pay to millions more Americans

Every week, millions of Americans work more than 40 hours but do not receive the overtime pay they have earned.

President Obama is taking action to fix that: In a note to signers of a We the People petition, the President announced that tomorrow the Department of Labor will finalize a rule to extend overtime protections to 4.2 million more Americans.

Check out the President’s note:

I wanted you to be the first to know about some important news on an issue I know you care deeply about: making sure you’re paid fairly.

Tomorrow, we’re strengthening our overtime pay rules to make sure millions of Americans’ hard work is rewarded.

If you work more than 40 hours a week, you should get paid for it or get extra time off to spend with your family and loved ones. It’s one of most important steps we’re taking to help grow middle-class wages and put $12 billion more dollars in the pockets of hardworking Americans over the next 10 years.

For generations, overtime protections have meant that an honest day’s work should get a fair day’s pay, and that’s helped American workers climb the ladder of success. That’s what middle-class economics are all about.

But after years of inflation and lobbyists’ efforts to weaken overtime protections, that security has eroded for too many families.

One of the many Americans who has been working hard but struggling to keep up is a single mom from Tucson, Arizona, Elizabeth Paredes. As an assistant manager at a sandwich shop, Elizabeth sometimes worked as many as 70 hours a week, without a dime of overtime pay. So Elizabeth wrote to me to say how hard it is to build a bright future for her son.

And she’s not alone: Today just 7 percent of workers qualify for overtime pay based on their salaries. Compare that with 1975, when more than 60 percent of workers qualified for overtime pay based on their salaries.

This policy just hasn’t kept up with the times.

The fundamental principle behind overtime pay comes from a Depression-era law called the Fair Labor Standards Act, which helps ensure that workers who put in more than 40 hours per week should generally get paid more for that extra time. I directed Secretary of Labor Tom Perez and the Department of Labor to update and modernize the overtime rules and uphold that principle.

After more than a year of listening to workers, employers, and concerned citizens like you, the Department of Labor will issue a new rule tomorrow to make it clearer to workers and businesses which workers qualify for overtime pay.

It doubles the salary threshold and automatically updates it every three years. The rule takes effect December 1.

This is a step in the right direction to strengthen and secure the middle class by raising Americans’ wages. When workers have more income, they spend it — often at businesses in their local community — and that helps grow the economy for everyone.

Americans have spent too long working long hours and getting less in return. So wherever and whenever I can make sure that our economy rewards hard work and responsibility, that’s what I’m going to do. Every hardworking American deserves a paycheck that lets them support their families, gain a little economic security, and pass down some opportunity to their kids. That’s always worth fighting for.

Thanks for raising your voice on this critical issue — we couldn’t have done it without you.

President Barack Obama

Learn more about the update to overtime pay.

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American Citizens International Social Security and Credit History Fraud

Planned ‘Economical Warfare’ Against The American People
American citizens are having a difficult time acquiring ‘Basic’ life needs in order too live a safe, free, happy life while they are on earth one time. People are being subjected to other human beings evils, who are in leadership positions, and have trillions of dollars in money.
The Credit Bureau’s of the United States are skewd, And…broken! America, how can a Foreigner, come to the United States, get a Rent a house with no credit history, Buy a house with no Credit History, Purchase a car with no credit history, and let’s not forget; get a job with no credit history, Receive Federal, County, City benefits  such as Welfare, Social Security and Subsidy Housing benefits. So with all of this what is left for the American people?
The American people’s Credit History, Social Security Numbers, Personal Information has been hacked, and who knows what American Citizens information has been compromised on all levels of U.S. Financial Reporting Systems, including the Social Security Administration! Who knows what hands the American people’s information is in, being that the Federal Government never arrested or communicated to the American people who’s Social Security Numbers and personal information may have been ‘Stolen’ by the hackers. Who can quickly ruined the ‘Credit Worthiness’ of millions of American Citizens, young or old who have decades of credit history, or U.S. Children who have no credit history!
Please know U.S. Children’s Social Security Numbers are being used; so make sure you check your childrens, ‘Credit History’ identity’s are being stolen, and the Social Security Administration feels it’s not their duty to relate this ‘Vital’ information to the American people! Do they know this is a ‘Very’ dangerous game their playing with American families livelihoods and personal well-beings!
See for yourselves below; How  American families ‘Privacy, Financial, Personal History, and Security’s, have’ been ‘Unconstitutionally Violated!’
SOCIAL SECURITY ADMIN PUT MILLIONS OF AMERICANS AT RISK FOR IDENTITY THEFT
https://www.youtube.com/watch?v=fy9HsGAWYIo&feature=youtu.be
There is a state of International ‘Economical Warfare in the United States, as CABIRI reported to the American people back in 2014! Now it has progressed to the point millions of American families are feeling the ‘International Pain Takeover’ and nothing is being done by millions of U.S. leaders, on the Federal, City, County levels, in fact many of these ‘Dishonest’ Corrupt’ ‘Culprits’ are involved themselves, receiving ‘Kickbacks!’
International infiltration Money, Greed, and Power has killed the American people and the United States! It’s truly not fair to the American families, their ancestors, and our Prior Forefathers of the United States. Why isn’t any American born ‘Leader’ voted into office’ not abiding by or ‘Respecting’ the Land of the Law, the U.S. Constitution! They all vowed to uphold as a U.S. leader for American born citizens and the next generation of American children.
The U.S. Constitution stated nothing about giving the ‘World’ the country of the United States. International Citizens can’t come and infiltrate the America and ‘Illegally’ take away what’s ‘Rightfully’ American citizens, Jobs, Resources, Housing, Land, Governments, Communities, History, Cultures, Religions, Education, Laws, Businesses, and Corporations!
American citizens did just fine developing United States before ‘International Citizens’ came to America! If it wasn’t for the American people developing the United States to what it has become ‘Today;’ These same international citizens ‘Trying to Takeover’ and ‘Steal’ the U.S. from the American people, wouldn’t of had a chance to come to America and live a better life!
The U.S. Federal Government needs to ‘Acknowledge’ their is a ‘International Economical Warfare’ in America! Which involves identity theft, so the Credit Agency’s such as Experian, Equifax, and Transunion should be shut down, until the Social Security Administration fixes their ‘Network’ issue’s and continuous international Hack problems!
America, please realize these are all planned plots, to hinder the American people and as we see it’s working very well in their international favor due to American Men’s Greed, Money, Power, who don’t care about their own American Children’s future as a ‘American!’ How sad is that?
The current U.S.  politicians ‘Who are predominate ‘White Men’ don’t care about their own Children, Family History, or Legacies! Whether your Black or White, we are all Americans, and previous Ancestors, wrote the U.S. Constitution for every American citizen of the United States! So please take heed into who; you turn your back on America, it could cost your child’s future as a American Citizen, and your family legacies!
THE NOTE EMPIRE: 60 MINUTES EXPOSES CREDIT BUREAUS  
Last Week Tonight with John Oliver: Credit Reports (HBO)  
 
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