Press Releases

WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement after a federal judge enjoined President Obama’s controversial executive order imposing costly new rules on how employers pay overtime to their workers. The nationwide preliminary injuction delays the December 1^st implementation deadline, giving small employers more time to plan for and fight back against the burdensome new mandate.  

“Judge Mazzant’s injunction is a victory for America’s 28 million small businesses. As they look towards Small Business Saturday this weekend, small employers and their employees can breathe just a little bit easier knowing they have been given a reprieve from the pain caused by this disastrous new rule.  For over a year, our Committee has been warning that the overtime rule was an unlawful overreach that would lead to job losses, demotions, less flexibility, lower wages, and reduced benefits for millions of workers. Our Committee looks forward to working with the new administration to give regulatory relief to small businesses and get the government off their backs so they can focus on creating jobs. “          

BACKGROUND:

• Last month, Chairman Chabot led a House resolution recognizing this Saturday, November 26^th, as Small Business Saturday.

• Chabot and Committee Republicans have led the opposition to the DOL overtime rule throughout the 114^thCongress.

• The Committee has held numerous hearings and roundtables and sent multiple letters documenting the damage that will be done to small businesses and other small employers as a result of the rule.

• Chairman Chabot served as co-chairman of a special House Task Force on Reducing Regulatory Burdens which developed the House Republican policy agenda called A Better Way to Grow our Economy.

• Chairman Chabot and House Republicans cited the overtime rule as an example of overregulation at a June press conference in front of the Department of Labor headquarters unveiling the #BetterWay agenda.