Political Quotes

“I thank the gentleman for yielding, and I rise in support of this legislation to require a 6-month delay in the Department of Labor's new overtime rule. This is an ill-advised regulation that will result in hardworking Americans losing their jobs and less economic growth. Don't take my word for it. Let's look at what some actual business leaders and organizations had to say about the change. Richard, a businessman in Birmingham, says that he ``will cut back on employee hours as much as possible since raising their compensation is not my option.'' Ability Alliance of West Alabama, which provides assistance to more than 600 intellectually disabled individuals wrote that ``the untenable financial pressure resulting from the proposed changes would force us into disastrous service reductions and program closures.'' Greg from Vinemont, Alabama, is much more direct. He writes that he ``will have to lay people off to meet the overtime demands.'' First Heritage Credit, LLC wrote to the Department of Labor that ``increased costs cannot simply be passed on, and the proposed rule will mean fewer branch openings, fewer new hires, and fewer lending options to the communities we serve.'' Our Nation's education institutions will be hit especially hard by the change. A representative from the University of Alabama wrote that ``the proposed regulation puts more pressure on the educational system as a whole.…”