You could certainly ask this in the Domestic Policy forum. There really is no reason that a non-Republican couldn't answer this one in a straightforward manner.
Here is my take:
The proposal was basically that "management level" positions did not require overtime pay compensation. There are a few other guidelines, dealing with pay rate and whether you are salary or hourly.
Here is an excellent summary of the plan.
QUOTE
Under the current rules, any employee making more than $155 a week -- about $8,000 per year -- could be excluded from overtime, if they had a salary and a job description that fell into certain categories.
The good news is that the regulations would raise that cut-off amount to $425 a week -- about $22,100 per year -- actually adding about 1.3 million lower-wage workers to the ranks of people eligible for overtime, according to the Labor Department.
But the EPI study said that gain is more than erased by the rest of the administration's plan.
For one thing, many workers earning a salary of more than $65,000 a year will now be excluded from overtime -- at least 1.3 million workers, according to the EPI study.
There is also the changing of certain job descriptions, making more jobs ineligible for overtime.
Actually, ineligible is the wrong word. The term should be "not mandated", since an employer is free to pay overtime to anyone.
The problem here is that people automatically jump to the "worst case scenario." If there is a loophole, some people assume that businesses will automatically jump through it.
Statements such as:
QUOTE
"Once employers are not required to pay for overtime work, they will schedule more of it," the study said.
I really don't think that is the case for most companies, who must compete for valuable employees and often outbid other potential employers to hire (or retain) those individuals.
Of course, what do I know? I am a salaried employee who doesn't receive overtime, since I have a "learned" profession. Maybe if I protested more, I could get some boost in income...