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vermontbiz.com: https://vermontbiz.com/news/2026/may/18/sanders-introduces-bill-expand-overtime-pay-nearly-30-million

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GDELT news · original
Published
Monday, May 18, 2026

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Sanders introduces bill to expand overtime pay to nearly 30 million | Vermont Business Magazine Skip to main navigation Login Logout SUBSCRIBE Sign up for FREE daily enews Menu Magazine Profiles in Business Giving Guide Digital Archives News People In The News Company Database Contact Us Advertise All Events Special Events - A + A Sanders introduces bill to expand overtime pay to nearly 30 million Submitted by tim on Mon, 05/18/2026 - 16:36 Vermont Business Magazine As President Trump and congressional Republicans tout so-called “No Tax on Overtime” while simultaneously denying the right to overtime pay for more than 4.3 million workers, Sen. Bernie Sanders (I-Vermont), Ranking Member of the Senate Committee on Health, Education, Labor, and Pensions (HELP) and Rep. Mark Takano (D-Calif.) t

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Sanders introduces bill to expand overtime pay to nearly 30 million | Vermont Business Magazine Skip to main navigation Login Logout SUBSCRIBE Sign up for FREE daily enews Menu Magazine Profiles in Business Giving Guide Digital Archives News People In The News Company Database Contact Us Advertise All Events Special Events - A + A Sanders introduces bill to expand overtime pay to nearly 30 million Submitted by tim on Mon, 05/18/2026 - 16:36 Vermont Business Magazine As President Trump and congressional Republicans tout so-called “No Tax on Overtime” while simultaneously denying the right to overtime pay for more than 4.3 million workers, Sen. Bernie Sanders (I-Vermont), Ranking Member of the Senate Committee on Health, Education, Labor, and Pensions (HELP) and Rep. Mark Takano (D-Calif.) today introduced the Restoring Overtime Pay Act to expand and strengthen overtime protections for nearly 30 million workers. “At a time of massive income and wealth inequality, when over 60% of Americans are living paycheck to paycheck, it is beyond unacceptable that President Trump is denying overtime pay to millions of workers who desperately need it to keep up with the outrageously high cost of living,” Sanders said. “We should be making it easier, not harder, for Americans who work more than 40 hours a week to get the time-and-a-half pay that they have earned and deserve. That’s precisely what this bill would do.” “Americans are working more for less,” Takano said. “Expanding the overtime threshold for salaried employees is the best way to ensure that families can survive the cost-of-living crisis caused by Donald Trump. I am proud to introduce this bill to help make sure over 29 million workers get paid fairly.” The Restoring Overtime Pay Act would expand or strengthen overtime protections for up to 29.3 million workers by gradually increasing the overtime salary threshold from just $35,568 today to more than $89,000 by 2030. This legislation comes on the heels of President Trump's rescission of a Biden-era rule that would have expanded overtime pay for more than 4 million workers. Currently, just eight percent of full-time salaried workers are eligible for overtime pay based on their salaries alone. This legislation would increase that figure to 55% of full-time salaried workers. This is not a radical idea. In 1975, nearly 63% of all full-time salaried workers were guaranteed overtime pay. Restoring Overtime Pay Act Timeline Year Overtime Threshold 2026 $45,000 2027 $55,000 2028 $65,000 2029 $75,000 2030 55th percentile of full-time salaried workers nationally*, updated annually *The current 55th percentile of full-time salaried workers nationally is $89,440 and could increase to $98,000 by 2030. Joining Sanders and Takano on this legislation are Sens. Chuck Schumer (D-N.Y.), Alex Padilla (D-Calif.), Brian Schatz (D-Hawaii), Tammy Duckworth (D-Ill.), Elizabeth Warren (D-Mass.), Tammy Baldwin (D-Wis.), Patty Murray (D-Wash.), Ed Markey (D-Mass.), Sheldon Whi

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