Obama Proposes Overtime Overhaul

(NBC News) More American workers may be taking home a bigger pay check pretty soon. 

Under a plan proposed by President Obama up to 5 million more people would qualify for overtime.

The president wants salaried employees who earn up to $50,400 a year to be able to earn overtime.

Right now salaried employees making more than $455 a week, or about $23,600 a year don’t have to be paid overtime.

President Obama says the current overtime limit is too low and undercuts the intent of the overtime law.

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