|
On Monday, August 23, 2004, unprecedented new rules regarding overtime
pay were implemented under the Fair Labor Standards Act that could deny
up to six million working Americans the right to fair overtime pay protection.
Many hard-working Americans depend on overtime pay to make ends meet,
especially in an economy that has forced companies to cut back on regular
wages in recent months. Recent studies have already shown middle-class
Americans are now carrying the burden because of tax cuts for the wealthy.
Jobs are relocating overseas, forcing many Americans into unemployment
or lesser paying jobs. Now, the Administration is taking away the opportunity
for workers to be fairly compensated for the extra hours they put in on
the job each week.
In Congress, amendments have been introduced to block regulations that
would deny overtime pay to millions of employees. Although I, along with
both chambers of Congress, expressed opposition to the rules, the administration
implemented them anyway.
As we continue to discuss this issue in Congress, I will continue in
my efforts to preserve overtime pay for middle-income workers by supporting
proposals that would prohibit overtime cuts, while allowing for improvement
in overtime rules that would not jeopardize overtime rights. |
|