The Biden administration will propose a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
The new rule, shared with The Associated Press ahead of the announcement, would require employers to pay overtime to so-called white collar workers who make less than $55,000 a year. That’s up from the current threshold of $35,568 which has been in place since 2019 when the Trump administration raised it from $23,660. In another significant change, the rule proposes automatic increases to the salary level each year.
The new rule could face pushback from business groups that mounted a successful legal challenge against similar regulation that Biden announced as vice president during the Obama administration, when he sought to raise the threshold to more than $47,000. But it also falls short of the demands by some liberal lawmakers and unions for an even higher salary threshold than the proposed $55,000.
Business leaders argue that setting the salary requirement too high will exacerbate staffing challenges for small businesses, and could force many companies to convert salaried workers to hourly ones to track working time. Businesses that challenged the Obama-era rule had praised the Trump administration policy as balanced, while progressive groups said it left behind millions of workers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Millions more workers would be entitled to overtime pay under a proposed Biden administration ruleThe Biden administration is proposing a new rule that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court
Read more »
Millions more workers would be entitled to overtime pay under a proposed Biden administration ruleThe Biden administration is proposing a new rule that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
Read more »
Millions more workers would be entitled to overtime pay under a proposed Biden administration ruleThe Biden administration is proposing a new rule that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
Read more »
Hunter Biden investigation: Business boomed after Joe Biden attended two key dinnersAfter then-Vice President Joe Biden attended one dinner in April 2015 with Hunter Biden and his foreign business associates from Ukraine and Kazakhstan, business between those two countries appeared to flourish.
Read more »
House GOP chairmen demand DOJ documents related to Hunter Biden special counsel appointment“The department under your leadership has been attempting to circumvent the rule of law in favor of Hunter Biden, President Biden, and the Biden family,” the Republicans wrote to AG Gar…
Read more »
Rare “blue supermoon” rising WednesdayOne super blue moon coming up -- on Aug. 30. The best time to look at it will be about 9:36 Eastern Daylight Time.
Read more »