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Overtime Pay to Be Extended to Millions of Workers

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“Millions more Americans would be eligible for overtime pay if they work more than 40 hours a week, under a new rule proposed by the Biden administration,” the Wall Street Journal reports.

“The Labor Department said Wednesday that workers who make around $55,000 a year or less would now be eligible for overtime by default. That would raise the annual salary threshold from the current $35,568 a year, which was set by the Trump administration. The median full-time worker in the U.S. makes around $57,000 a year, according to the Labor Department.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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