Big corporations are trying to stop millions of Americans from getting a raise.
President Obama and the U.S. Department of Labor are proposing to raise the overtime threshold from $23,600 a year to $50,400. This is a BIG deal. Because of it, about 13 million workers will get a raise.
But if the National Retail Federation -- which includes Walmart -- has their way, workers might not ever see a dime of that extra overtime pay.
That's because the National Retail Federation, the National Association of Home Builders, and other corporate lobbyists are trying to run out the clock. Their first step: get the Department of Labor to extend the public comment period by 90 more days. If these corporate lobbyists succeed, they'll stop the new overtime pay rules from taking effect before the holidays -- and possibly delay implementation indefinitely.
Join DFA, the Economic Policy Institute, and Robert Reich and add your name to the petition: Tell the Labor Department to not extend the comment period.