Millions may now lose eligibility for overtime after ruling

Major blow dealt to new overtime rules

A rule put in place by President Obama to expand eligibility for overtime pay to millions of workers may be on life support.

A federal judge in Texas, ruling in two cases brought by business groups and 21 states challenging the rule’s validity, issued a preliminary injunction stopping the rule from taking effect on December 1.

Let’s block ads! (Why?)

Personal finance news – CNNMoney.com

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