On Monday night, the 2012 Paycheck Fairness Act was shot down for the fourth time by the US Senate, in a vote drawn down party lines.
My color-commentary summarization of what the 2012 Paycheck Fairness Act would mean for both employers and employees, is below:
A favorite quote I found in the press on the matter: Kelly Ayotte, a Republican senator from New Hampshire, said that she voted against the law because she worried it would prohibit merit-based pay. Meritocracy inhibitor. Right. The employment policymaking equivalent to the dog ate my homework.
The complete text of the legislation, is here. The first page at that link—the legislation's summary—is what I screencap'd for the above JPG.