Political Quotes

On the recordSeptember 28, 2016
I thank my colleague from Georgia for his leadership on this rule. Mr. Speaker, all too often, the executive branch enacts policies that sound wonderful but impose unintended consequences and burdens that make the lives of hardworking Americans more difficult. The issue underlying H.R. 6094 is another tragic example of that pattern. The Department of Labor acted in May to revise overtime regulations covering millions of American workers. This regulation will require companies to reclassify a significant portion of their workforce, eliminating flexibility in work times, bonus compensation, and opportunities to advance. It will also impose significant compliance costs that will only serve to further bury job creators under red tape. While members of both political parties want to see all Americans earn more, we cannot ignore the financial consequences of this rule. By dramatically increasing the number of employees who do not qualify for an exemption under the regulation, the Department is significantly increasing the cost of delivering services and is making it more difficult to maintain existing staffing levels. In plain English, this regulation could cost hardworking Americans hours at work or even their jobs. Entire sectors could be less profitable with a predictable result for the employees who are doing that work. These impacts do not fall solely on frequently and unfairly demonized big business. They affect nonprofits and schools as well as local and State governments.…
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Virginia Foxx
Republican · North Carolina

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