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Are Obama’s Overtime Changes Good for the Economy?

Wednesday, July 08, 2015

Voters appear more supportive of President Obama’s expansion of overtime pay than they were last year, but most also still feel that business owners, not the government, should make the decisions about their businesses.

The president's proposed change would raise the income requirement for salaried workers to be eligible for overtime pay from under $23,660 to up to $50,440 a year, and a new Rasmussen Reports national telephone survey finds that 49% of Likely U.S. Voters believe increasing the number of people eligible for overtime will help the economy. That’s up from 37% in March of last year just after the president first announced the proposal, although he gave no precise figures at that time.  Twenty-seven percent (27%) believe expanding the availability of overtime pay will hurt the economy. Fifteen percent (15%) say the change will have no economic impact, while 10% more are undecided. (To see survey question wording, click here.)

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The survey of 1,000 Likely Voters was conducted on June 30-July 1, 2015 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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