Senators Isakson, Perdue push back on DOL overtime rule

In a joint statement issued this week, U.S. Senators Johnny Isakson and David Perdue announced their intentions to fight a new U.S. Department of Labor overtime pay rule.  Both stated that the finalized rule has devastating consequences including harm to hardworking Americans and small businesses

“It is regulations such as this one that are hindering economic growth and true recovery in our country,” said Senator Isakson, who chairs the Senate labor subcommittee. “This latest overtime pay regulation denies working families the opportunity to have flexible schedules or to work from home because it forces employers to track every hour they work, even if they’re paid an annual salary. It will especially harm non-profits such as charities, churches, and colleges and universities that are unable to meet the higher costs brought on by this red tape. I will do everything I can to stop this rule and prevent the administration from placing additional burdens on our job market.”

“President Obama’s economic policies are failing the very people they claim to champion – the working middle class,” said Senator Perdue. “Unnecessary government regulations are forcing companies to restructure and dedicate more of their bottom line to compliance costs. This directly impacts workers. Now, in order to comply with President Obama’s new overtime regulation, Georgia businesses are forced to consider cutting employee hours or replacing full-time employees with part-time workers. The Obama economy is failing and it is time for a new direction.”