WASHINGTON—Congressional Progressive Caucus (CPC) Co-Chairs Reps. Raúl M. Grijalva (D-AZ) and Keith Ellison (D-MN) released the following statement after President Obama announced a proposal to raise the overtime threshold to $50,440. The previous threshold was $23,660.
“We applaud President Obama for standing with American families who deserve fair pay for their hard work. People all over the country are working longer hours, but their paychecks continue to come up short. The Progressive Caucus believes that in the richest nation on earth, no one working overtime should worry about making ends meet. This new overtime rule is a powerful step towards that goal, helping nearly 5 million Americans feed their families, pay their rent, or clothe their children. We look forward to working with President Obama to continue putting more money in the pockets of America’s working families.”
The Congressional Progressive Caucus Co-Chairs signed a letter led by CPC member Rep. Mark Takano to President Obama in January asking for an increase in the overtime threshold. The CPC also called for an increase in the overtime threshold in its Fiscal Year 2016 Alternative Budget.
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