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Obama Administration Announces Plan To Boost Overtime Pay

U.S. President Barack Obama signs a presidential memorandum for overtime protections for workers during an event in the East Room at the White House, on March 13, 2014 in Washington, DC.  The memorandum will direct the Department of Labor construct a new set of overtime rules to make ore employees eligible to overtime pay.  (Mark Wilson/Getty Images)
U.S. President Barack Obama signs a presidential memorandum for overtime protections for workers during an event in the East Room at the White House, on March 13, 2014 in Washington, DC. The memorandum will direct the Department of Labor construct a new set of overtime rules to make ore employees eligible to overtime pay. (Mark Wilson/Getty Images)

Vice President Joe Biden is in Ohio today to tout a new Obama administration plan. The new rule would allow salaried workers making under $47,476 a year across the U.S. to be eligible for overtime pay. Here & Now’s Peter O’Dowd speaks with Bloomberg Business White House correspondent Justin Sink about what that means for workers, businesses, and the 2016 election.

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