The Biden administration on Wednesday proposed giving raises to more than 3 million workers by making them eligible for overtime pay.
The move by the Department of Labor comes more than eight years after the Obama administration embarked upon a similar effort to boost wages by rewriting overtime eligibility rules under the Fair Labor Standards Act.
Workers making less than about $55,000 annually would be automatically entitled to time-and-a-half pay under DOL’s proposal, up from $35,568 set in 2019 under former President Donald Trump. The Obama-era plan initially proposed setting a $50,440 floor before settling on $47,476 annually — though a federal judge in Texas blocked the rule from taking effect.