(Bloomberg) — An Obama administration policy that would have given more white-collar workers overtime starting Dec. 1 was thrown out by a federal judge.
The decision Tuesday is a victory for 21 states and dozens of business groups that sued, complaining the new rule would increase government costs in their states by $115 million next year alone and would put private employers on the hook for millions of dollars more, possibly leading to layoffs.
It's the fourth time in 21 months that a federal judge in Texas has issued a nationwide injunction blocking one of President Barack Obama's executive orders.
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