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Federal judge invalidates overtime rule that threatened millions of workers, employers
Employers and workers may not realize it, but they just dodged a bullet.
They can thank a federal judge in Texas who just tossed out a Biden administration rule that tried to raise the salary threshold for overtime pay by 65%, from $35,568 to $58,656 per year (a range that includes about 12 million workers). That new threshold would have exceeded the earnings of more than 70% of workers in lower-cost states such as Arkansas, Mississippi, South Dakota and West Virginia.
The same thing...