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9. MONEY in people’s pockets

Policy: In addition to the caucus’s longstanding commitments to a federal minimum wage that is truly a living, family-sustaining wage, and the right to a union for all workers, the CPC is introducing a new approach to raising wages: making companies pay double time for overtime hours.

For the first time in almost 90 years, this forthcoming bill would raise federal overtime pay to twice a worker’s wage for every hour worked over 40 hours a week, instead of the current rate of time and a half. This puts more money in the pockets of employees who work overtime, while deterring companies from abusing and overworking their employees, which can lead to unpredictable hours, burnout and turnover.

Sponsors: Reps. Casar, Jayapal
13.4 million workers will see some combination of higher pay and more time off
A worker making $25/hr and working about 10 hours of overtime every week could make as much as $6,500 more per year than they would under current law.

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