Biden Admin Expands Overtime Pay for Millions of Americans

Rep. Virginia Foxx, a Republican, argued that the regulation could leave companies riddled with new additional costs.

President Joe Biden speaks at Prince William Forest Park in Triangle, Va., on April 22, 2024. Madalina Vasiliu/The Epoch Times

The Biden administration has finalized a new rule expanding overtime for millions of Americans working more than 40 hours a week, the Department of Labor (DOL) announced on Tuesday.

Effective July 1, the new rule will extend overtime to salaried workers who make less than $43,888 a year when they work more than 40 hours per week.