Quick answer: No. Jared Bernstein, of the Center on Budget and Policy Priorities, writes: By significantly increasing the salary threshold below which salaried workers get overtime pay, President Obama just took a big step toward updating a critical labor standard with the potential to boost the paychecks of millions of middle-wage workers, many of whom should be getting overtime but are not.
Last week, one of us noted Senator Sheldon Whitehouse’s question to Deputy Attorney General Sally Yates asking whether the manufacturers of encrypted devices might be liable civilly if FBI Director James Comey’s “going-dark” warnings were to come true and public safety were to be harmed as a result.
The outrage over another multiple murder of American military personnel on American soil by another Islamic extremist has been exacerbated by the fact that these military people had been ordered to be unarmed — and therefore sitting ducks.
From 2008 to 2009, California experienced its worse economic recession (dubbed by some as the Golden State’s “Great Recession”) since the tax system was first created in the 1930’s.
As everyone knows, the reauthorization of the Elementary and Secondary Education act is closer to the finish line now than at any time in the past eight years. (The law was due for an update in 2007—soon after NASA sent New Horizons to Pluto. That was a long time ago.)
Dr. Condoleezza Rice, the 66th U.S. Secretary of State, will deliver the keynote address at a November joint meeting of groups that seek to promote trade, investment and cultural exchange between seven Southeastern states and Japan.
When the George W. Bush Institute commissioned Nobel-winning economist Edward Prescott to analyze its proposal to generate 4 percent annual growth for the U.S., the famously pro-free-market Prescott replied that a target of 3 percent was better for the long run.
Houston’s debts are now bigger than Detroit’s. According to one key measure of fiscal health, Houston’s situation is nearly as bad as that of Chicago, which is starting to collapse under its debt burdens.
In Raleigh, Senate lawmakers are proposing a controversial tradeoff. They want to cut funding for teacher assistants to hire more teachers and reduce classroom sizes in the early grades.
Most of the debate over the Obama administration’s recently signed deal with Iran quite properly focuses on the policy issues. But the deal also raises an important constitutional issue: Can the agreement be legally binding without subsequent ratification by Congress?
Somewhere in the thousands of towering apartment blocks that ring the Russian capital, whistle-blower Edward Snowden remains in hiding two years after outraging U.S. intelligence agencies with revelations of their snooping into the private communications of millions of ordinary citizens.
Though Republican presidential hopeful Rand Paul has come the closest so far, top flat tax scholar Dr. Alvin Rabushka detailed a tax plan Monday no candidate has matched.
In the wake of the U.S. House and Senate’s passage of bills that would reauthorize the federal No Child Left Behind law, a new Pioneer Institute research paper finds that national English and mathematics standards, known as Common Core, violate three federal laws that prohibit the federal government from exercising any direction, supervision or control over curricula or the program of instruction in the states.
On October 5 and 6, a number of important speakers will visit the King’s campus for an event called “Six Presidents in 30 Hours: A Presidential Symposium.” The speakers include Harold Holzer on Abraham Lincoln, Evan Thomas on Richard Nixon, Charles Slack on John Adams and Thomas Jefferson, Amity Shlaes on Calvin Coolidge, and David Davenport on Herbert Hoover.
The Bank of England is set to open its door to the UK’s official auditors, according to government plans aimed at increasing the external scrutiny of one of Britain’s most secretive institutions.
Having failed to persuade a majority of Oregon legislators to raise the state minimum wage to $15 per hour, unions in Oregon and others are pushing to place the proposal on the statewide ballot.