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First Read’s Morning Clips

OBAMA AGENDA: New overtime-pay rules

From NBC's Kristin Donnelly: "President Obama will announce a sweeping change to the nation's overtime pay law, dramatically expanding the number of people who will qualify for increased pay after working more than 40 hours in a week. The proposed rule, first reported by Politico, will raise the threshold for guaranteed overtime pay from a salary of $23,660 to $50,440. The long-awaited rule change aims to improve wages for nearly 5 million people as early as 2016."

Here's Obama's piece on the move in the Huffington Post.

Today's big global economic news, via Reuters: "The head of the European Commission made a last-minute offer to try to persuade Greek Prime Minister Alexis Tsipras to accept a bailout deal he has rejected before a referendum on Sunday which EU partners say will be a choice of whether to stay in the euro."

The U.S. Chamber of Commerce is fighting anti-smoking regulations worldwide, the New York Times reports.

OFF TO THE RACES: Going all-in on New Hampshire

POLITICO notes how many GOP hopefuls are going all-in on New Hampshire.

Msnbc.com's Benjy Sarlin writes that Republicans could win by losing when it comes to the Supreme Court's ruling on redistricting rules in Arizona.

BUSH: He'll release 33 years of personal income tax returns on his campaign website this afternoon, FOX News reports (and NBC confirms).

CHRISTIE: The New York Times: "Gov. Chris Christie of New Jersey, whose meteoric rise as a national Republican in his first term was matched only by his spectacular loss of stature at home in his second, is set to enter the 2016 presidential race on Tuesday morning bearing little resemblance to the candidate he once expected to be."

The home state paper's take: "Gov. Chris Christie's run for president is expected to have a ripple effect on New Jersey politics and policies, emboldening politicians already angling to replace him in Trenton and making it tougher for the Republican governor to chalk up any big second term accomplishments."

Also from the Star-Ledger: "At 9:30 p.m. on the eve of his Republican presidential campaign kickoff, Gov. Chris Christie announced a change to state firearm policy on an issue that has been riling gun rights activists."

CLINTON: The Washington Post writes that the University of Missouri at Kansas City, worried about the price tag for a Hillary Clinton speech, opted for Chelsea instead at a cost of $65,000.

CRUZ: Just as a memoir with praise for John Roberts is coming out, Ted Cruz is souring on his old mentor, writes the Wall Street Journal.

PAUL: The AP reports that Rand Paul is holding a fundraiser with the marijuana industry in Denver.

SANDERS: The LA Times notes that Bernie Sanders is getting enough support on the campaign trail to be drawing attacks from rivals.

TRUMP: Here's our story on NBC cutting business ties with Donald Trump.

And around the country...

SOUTH CAROLINA: The Washington Post looks at how Strom Thurmond's youngest son is turning the page with the Confederate flag issue.

PROGRAMMING NOTES.

*** Tuesday’s “News Nation with Tamron Hall” line-up: Tamron Hall speaks with Republican Strategist John Feehery, Democratic Strategist Robert Zimmerman, and Author of Chris Christie: The Inside Story of His Rise to Power and Asbury Park Press Columnist Bob Ingle regarding NJ Governor Chris Christie announcing his intention to run for President of the U.S., MSNBC’s Adam Reiss about the latest on the capture of prison escapee Richard Sweat, and NBC Reporter Joe Fryer on the wildfires raging in Washington State.

*** Tuesday’s “Andrea Mitchell Reports” line-up: NBC’s Andrea Mitchell reports from Iran nuclear negotiations in Vienna, Austria and msnbc’s Chris Matthews hosts from Washington. We will carry President Obama’s joint press conference with Brazil President Dilma Rousseff and cover Chris Christie’s Presidential Campaign announcement with NBC’s Kelly O’Donnell, the Washington Post’s Ruth Marcus, the New York Times’ Jeremy Peters, Former RNC Chairman Michael Steele, and Former Gov. Ed Rendell.

*** Tuesday’s “Live with Thomas Roberts” line-up: Thomas interviews Chris Christie biographer Bob Ingle, and NJ Assembly Transportation Cmte. Chairman John Wisniewski about the NJ Gov. joining the 2016 race, Cecile Richards about the Supreme Court and Texas abortion clinics, and Fmr. U.S. National Soccer Team Goalie Briana Scurry talks about tonight’s U.S. Women’s semifinals against Germany