Overtime pay extended to millions more Americans

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Every week, millions of Americans work more than 40 hours but do not receive the overtime pay they have earned.

President Obama is taking action to fix that: In a note to signers of a We the People petition, the President announced that tomorrow the Department of Labor will finalize a rule to extend overtime protections to 4.2 million more Americans.

Check out the President's note.

If you work more than 40 hours a week, you should get paid for it or get extra time off to spend with your family and loved ones. It's one of most important steps we're taking to help grow middle-class wages and put $12 billion more dollars in the pockets of hardworking Americans over the next 10 years.

For generations, overtime protections have meant that an honest day's work should get a fair day's pay, and that's helped American workers climb the ladder of success. That's what middle-class economics are all about.

But after years of inflation and lobbyists' efforts to weaken overtime protections, that security has eroded for too many families.

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