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20,660 a year to 50,440. The Senate Small Business Committee Held a hearing on the new labor rules. Senator david vitter chairs this hour 10 minute hearing. Good morning, everybody, and thanks for joining us today for the Senate Small Business and Entrepreneurship Committee hearing to examine the obama administrations proposal to more than double the current salary threshold under the fair labor standard acts overtime exemption for administrative, executive, and professional employees. Were going to hear from a Diverse Panel of experts and stakeholders on the impact this proposed rule would ha...

Like labor, they may have to cut Critical Community services to reduce labor costs. This is really unacceptable, especially for rural and poor areas that rely on Different Services provided by nonprofits. After hearing from many concerned workers and Business Owners, i urged secretary perez to extend the Public Comment period to allow Small Business owners and employees the opportunity to examine the proposed rule and comment carefully. Shortly afterward, the office of advocacy wrote a similar Public Comment letter requesting a 90day extension of the comment period. Unfortunately, all of these...

Job cuts for the colleges employees. Senator alex ander joined senator tim scott to author s2707, the protecting workplace advancement and opportunity act, which would prevent the department of labor from finalizing president obamas proposed rule. I strongly support these efforts to move forward with the bill and want to commend their work on this important issue. Along with the Small Business Administrations Office of advocacy and members of congress from the house and senate, i have raised several concerns about the role and representation of Small Businesses throughout this rule making proc...

Then youre really dealing in a vacuum. This is what happened with the proposed dishwasher rule. These are technical matters. Its very important that not only manufacturers republican gauged early but all stake holders. This asrac process does do that. But the asrac process is useful once a decision has been made that will will be a new standard. What were talking about is a change in the process for determining whether there should be a new standard. If there is going to be one, consensus is always the best. We feel we will do better as the advocates feel given a give and take putting data on ...

Experience with i. T. Was that it was boondoggle after boondoggle and a tremendous waste of taxpayers money spent on incompetent private contractors who never seem to be able to get things right. And im wondering if you could comment and perhaps its better now, and what impact this has on the current sense of trust among Public Officials regarding their sure. So i would say the failures are just as bad or worse in terms of government contracting, i. T. , healthcare. Gov and the electronic records archive, expensive yearlong projects that largely failed, with healthcare. Gov until it was rescue...