Unsustainable Overtime Rule

Floor Speech

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Mr. HARDY. Mr. Speaker, we have heard from countless small businesses, colleges and universities, nonprofits, and the public sector that the recent Department of Labor's overtime rule change is not sustainable.

In a few short months, employers will be forced to accept a 100 percent increase in the salary threshold. This rule has the potential to result in the unintended consequences that impact an employee's hours being reduced, employees being switched to hourly status and thus a reduction in benefits, or worse.

This change has the potential to devastate many businesses and their employers. With our country still slogging through a recovery, such a dramatic increase is misguided and ill-advised.

Mr. Speaker, the House has held multiple hearings, we have authored various letters, and legislation has been drafted on the rule. It must not go into effect as planned this year.

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