Provided by Congresswoman Barbara Comstock’s Office
Congresswoman Barbara Comstock (VA-10) issued the following statement after the Department of Labor released finalized overtime rules:
“As I travel throughout our district and meet with small businesses such as restaurants, hotels, or tech start-ups and even non-profits, I constantly hear about the threat that these new rules will pose to their employees and how they will drive up costs while hurting job growth. The new overtime rules hurt the very people they are supposed to help. These kinds of misguided policies lead to fewer hours and elimination of benefits to existing employees while limiting new opportunities to entry level employees. As Consumer Technology Association President Gary Shapiro said today, ‘Say goodbye to teams of young minds pulling all-nighters to create something new.’ Make no mistake, this is one more attack by this Administration on American entrepreneurship.
“I have cosponsored H.R. 4773, the Protecting Workplace Advancement and Opportunity Act, which puts a hold on all the Department of Labor’s overreaching rulemaking until thorough economic studies can be done to examine the detrimental economic consequences of these misguided actions.”