By Westbank Louisiana News |
Apr 23, 2024
U.S. Senator Bill Cassidy, M.D. (R-LA), the ranking member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, strongly criticized the Department of Labor's new overtime rule, stating that it will have detrimental effects on American families and businesses. The rule raises the threshold for salaried employees to be eligible for overtime to $58,656, a 65 percent increase from the previous level set during the Trump administration. Cassidy expressed concerns that the policy will lead to job losses, lower wages, and increased prices for consumers.Cassidy...