Twenty-one states file suit against Obama to stop another

New Post Public Reply Private Reply Replies (0) Message Board
PoemStone

Twenty-one states file suit against Obama to stop another end run around Congress

is doing anything but closing out his lame duck term quietly. On the contrary he’s doing yet another end run around both the U.S. Congress and all 50 states, imposing yet another mandate that will cost money and jobs, possibly forcing states to raise taxes as well.

Twenty-one states have filed a federal lawsuit in U.S. District Court in Sherman, Texas, to stop him. Hours after the states filed their lawsuit, the U.S. Chamber of Commerce and other business groups filed a similar lawsuit with the same federal court.

Obama’s new mandate would force employers in all states to pay overtime to certain state employees. These employees include “bona fide executive, administrative, or professional” workers as they are not covered by the federal law that requires states to pay overtime for work performed beyond 40 hours in a week. The mandate applies to both private and public sector employers.

On the surface this sounds somewhat sensible. Why shouldn’t any state worker – or private sector worker contracted by the state – be eligible for overtime if they work more than 40 hours in a week? One reason why this hasn’t happened yet is many states are strapped just trying to balance their current budgets. Mr. Obama’s lack of hope and change, much less his promised economic recovery, hasn’t helped.

The law says it should be up to the individual states first to decide if, and when, they should make such a change. Then they can ask Congress to change the law, and it’s up to Congress to have the final say.

This action by the Obama administration violates the Fair Labor Standards Act – only Congress has the power to establish a federal hourly minimum wage. It also violates the Constitution as it forces states to pay their workers higher wages at the expense of state budgets, services and governmental programs.

Obama actually put this in motion a couple of years ago when he told his Labor Department to change this exception for “white collar” state employees. The department has now raised the minimum salary cutoff for overtime by more than double. The new rule also forces states to raise that cutoff even higher every three years.

As of now, starting December 1, 2016, all state employees will be entitled to overtime if they earn up to $913 per week regardless of whether they have “executive, administrative, or professional” responsibilities.

State government estimates peg the number of workers impacted at a minimum of 500 and reaching into the thousands, per state. Iowa projects its budget hit to be over $19 million, other states likely a lot more.

States such as Nevada – dependent on its tourism industry – would be hit very hard. According to the National Federation of Independent Businesses nearly half of all small businesses in Nevada employ at least one person who’d be affected by this new rule.

Not coincidentally, Nevada – through its Attorney General Adam Laxalt – is the lead plaintiff in this lawsuit.

In filing the suit Laxalt said: “This rule, pushed by distant bureaucrats in D.C., tramples on state and local government budgets, forcing states to shift money from other important programs to balance their budgets, including programs intended to protect the very families that purportedly benefit from such federal overreach.”

“Federal overreach” is already one of Obama’s legacies as he prepares to leave office. The courts
have reined him in before and hopefully will do so again.
Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Kansas City Life Welcomes Kellie Needham to Board

Updated Category News Views 48

A New Era in Kansas City Life's Leadership This ain't your run-of-the-mill board appointment, folks. Kansas City Life Insurance Company has just handed the reins to Kellie S. Needham, who steps in to fill her mother's recently vacated board seat. Imagine that—a family legacy stretching back to the early 1900s when J.B. Reynolds first laid the foundation. Legacy Unbroken...

Continue Reading
Hehe Culture's Timeless Wisdom Explored at Forum

Updated Category News Views 0

Hehe Forum: Bridging the Past and Present Sometimes, the past isn't just anchor weight, it's a compass guiding us through the murky waters of today. The Hehe Culture Forum's latest gathering in Tiantai County, Zhejiang Province, aimed to unravel just how much ancient wisdom can still steer the course in this fast-changing world. Delegates from 23 nations joined forces,...

Continue Reading
Systemair Shakes Things Up: Closing Netherlands Facility

Updated Category News Views 81

Systemair's Shocking Shutdown Decision Feels like we're strapped into a roller coaster with these HVAC companies lately. Systemair (NASDAQ Stockholm: SYSR) sure gave us quite the surprise ride by announcing they're pulling the plug on their production facility in Waalwijk, the Netherlands. This isn't just a ripple in a pond; it's a splash that might make some waves in the...

Continue Reading
Are Shareholder Interests at Risk in These Deals?

Updated Category News Views 0

Potential Pitfalls in Pending Transactions In the tangled world of corporate deals, not every handshake benefits everyone around the table. This time, it's Surgery Partners, Range Resources, and Penske Automotive Group finding themselves under legal scrutiny. We'll dig into why Nasdaqq:SGRY, Nyse:RRC, and Nyse:PAG, might have some explaining to do. Whose Pockets Are...

Continue Reading
Barco Brings HDR Cinema Home with Kinepolis Kortrijk

Updated Category News Views 230

A New Chapter in Cinema Projection Ah, Belgium, the land of waffles and apparently, cutting-edge cinema tech. That's right, Barco is bringing their HDR by Barco system to its own backyard in Kortrijk, teaming up with Kinepolis to shake things up. It's not just any expansion—it's a homecoming of sorts. The company's laser cinema magic has already made face time in the...

Continue Reading
Food Emulsifiers Surge: Market to Hit $5.60B by 2031

Updated Category News Views 52

Forecasting Growth in Food Emulsifiers Picture this: the food emulsifiers market is steaming ahead, anticipating a thunderous boom from $4.43 billion in 2026 to a whopping $5.60 billion by 2031. According to recent estimates, that's a steady clip at a CAGR of 4.8%. If you're thinking that's just more industry chatter, let's peel back the layers and see what makes this...

Continue Reading
Landstar Faces Legal Storm Post Earnings Miss

Updated Category News Views 17

Landstar's Earnings Misstep Sends Shockwaves Alright, let's talk about this snafu at Landstar (NASDAQ: LSTR). They were supposed to deliver an earnings sheet that's all roses, but instead, we got a couple of thorns. Analysts were expecting them to strike gold with EPS numbers between $1.62 to $1.67. What we got? A measly $1.42. Not exactly the shiny haul we were led to...

Continue Reading
NeuroSense's Phase 3 Strategies for PrimeC Unveiled

Updated Category News Views 79

How NeuroSense Is Poised to Tackle ALS Treatment Picture this: a room full of people holding their breath, hoping that NeuroSense can deliver the breakthrough they’ve been inching toward. It’s the kind of moment that gives you goosebumps if you've been sloggin' through the biotech trenches. NeuroSense’s pitch at NEALS is more than just a dog and pony show—it's a...

Continue Reading
YSS Faces Legal Heat Over Misleading Investor Claims

Updated Category News Views 27

YSS Investors Navigate Legal Waters as Class Action Looms Taking a slug of coffee this morning and diving right into it—York Space Systems has found itself in hot water. They went public earlier this year with what was supposed to be a shining opportunity under the NYSE:YSS ticker, but it turns out that not everything in their IPO shined—and now SBS Law is stepping up...

Continue Reading
Why Haunted Attractions Keep Us Coming Back for Fear

Updated Category News Views 90

Welcome to Fear Incarnated Ah, Kansas City. More than just jazz and barbeque. You’ve got these infamous haunted houses that turn every horror flick into a mere Saturday morning cartoon. Enter Edge of Hell and Beast Haunted Attraction. Two horrifying museums of fear that somehow lure us like flies to sugar from miles away. What's the secret sauce? Well, that’s half the...

Continue Reading

Top 5 Most Recently Viewed Articles

Artiva Biotherapeutics Highlights Participation in Key Conference

Updated Category News Views 166

Artiva Biotherapeutics to Showcase at Annual Health Care Conference Artiva Biotherapeutics, Inc. (NASDAQ: ARTV), a pioneering clinical-stage biotechnology firm, is set to make a significant presence at the TD Cowen 45th Annual Health Care Conference. The event will be held on a Wednesday in the near future, featuring Artiva’s management team who will deliver a...

Continue Reading
Propel Holdings Achieves Remarkable Growth and Dividend Boost

Updated Category News Views 212

Propel Holdings Reports Impressive Financial Results Propel Holdings Inc. (TSX: PRL) has achieved remarkable financial results in its latest quarter, marked by record revenue and an increase in its dividend, showcasing its commitment to supporting underserved consumers. The fintech company, which operates various brands and platforms, has successfully navigated a...

Continue Reading
Ladder Capital Corp's Q3 2024 Financial Performance Revealed

Updated Category News Views 81

Ladder Capital Corp Reports Strong Q3 2024 Financial Results Ladder Capital Corp (NYSE: LADR) has announced its operating results for the quarter that recently concluded. The company reported a GAAP income before taxes of $28.5 million during this period, resulting in a diluted earnings per share (EPS) of $0.22. Additionally, Ladder achieved $37.7 million in distributable...

Continue Reading
IQSTEL Achieves $57.6M in Q1 Revenue, Eyes $1 Billion by 2027

Updated Category News Views 183

IQSTEL Reports Robust Q1 Revenue Performance IQSTEL Inc. (NASDAQ: IQST), a leading multinational technology and telecommunications provider, recently unveiled its Q1 revenue results. The company earned an impressive $57.6 million, showcasing a 12% year-over-year increase, as mentioned in its inaugural NASDAQ shareholder letter. A Vision for $1 Billion Revenue CEO Leandro...

Continue Reading
WesBanco's Growth Boosted by Successful Premier Acquisition

Updated Category News Views 223

WesBanco's Ambitious Expansion Strategy WesBanco, Inc. (NASDAQ: WSBC), a leading financial services provider, has recently undertaken a significant step in enhancing its regional presence. This transformation comes with the successful integration of Premier Financial Corp.'s approximately 400,000 consumer and 50,000 business accounts into its operations. This is a...

Continue Reading