The Bush administration's overtime pay take-away will be a huge windfall to Big Business and employers—and a pay cut for millions of working families.
In fact, a new study from the Economic Policy Institute predicts that 6 million workers stand to lose their right to overtime pay beginning Aug. 23, when the Bush Fair Labor Standards Act changes are scheduled to take effect. The Bush Administration went forward with the new rules despite widespread concern over its impact from Republicans as well as Democrats.
This shouldn't surprise anybody. The fox is in the henhouse at the U.S. Department of Labor. The Bush Labor Department's top spokesperson on overtime pay, Ed Frank, previously worked as the top spokesman for the National Federation of Independent Business—the main special interest representing businesses that want to take away workers' overtime pay.
This is why it is so important that people take action today. Please click on the link below to send a message to your senators and representatives urging them to block the overtime pay take-away. Congress is going home until September on Friday. It is important to urge them to act today.
It isn't surprising that businesses are going all out to take away overtime pay. The math on this is pretty stunning. If, for example, the average worker earns $4,000 a year in overtime pay, for every 1 million workers who lose overtime pay this would be a $4 billion windfall for employers—right out of the pockets of working people. (The $4,000 figure is only used as an illustration. Actual overtime pay may be greater or less.)
The Bush administration's overtime pay take-away is wholesale looting of the paychecks of working families by an administration beholden to its special interest donors.
Please click below to act and then forward this message to your friends, family and co-workers. Urging them to act as well.
Thanks for all you do.
Working Families e-Activist Network, AFL-CIO
July 20, 2004
P.S. Here are some links.
News story from www.aflcio.org on new studies of the Bush overtime pay take-away. http://www.aflcio.org/yourjobeconomy/overtimepay/ns07132004.cfm
Explanation of the Bush
overtime pay take-away.