Senator Sanders

Overtime President Barack Obama proposed making up to 5 million more people eligible for overtime to boost pay for low-income workers. Democratic presidential candidate Bernie Sanders praised Obama’s proposal, The Associated Press and Rutland Herald reported. Sanders called the changes long overdue, The Wall Street Journal reported. LINK, LINK, LINK

Wages Sen. Sanders has spoken about the need to strengthen unions and rein in the wealthy. ''What I'm going to say to the top 1 percent and the top 0.1 percent is, 'Sorry, you have to pay your fair share of taxes,'''Sanders said in an interview with The New York Times. ''The American people do not look kindly on a society where they can't afford to send their kids to college and the richest people in the country become phenomenally richer.'' LINK

Ex-Im Bank The Export-Import Bank won't be able to extend new loans or guarantees beginning Wednesday. The closure will put on hold 195 pending transactions in the bank's pipeline. "From my perspective, that's just fine," Sen. Sanders told The Wall Street Journal. "It makes no sense to me for the U.S. government to provide corporate welfare to large and profitable corporations that have been outsourcing hundreds of thousands of jobs to China, Mexico and elsewhere." LINK

Infrastructure Sen. Sanders recently "introduced legislation that would invest a trillion dollars—no more than the cost of a small Mideast war—to modernize the nation’s infrastructure over a five-year period," The New Yorker wrote. LINK  

World

Greece Prime Minister Alexis Tsipras is reportedly ready to accept almost all of creditors’ demands in a last-minute bailout bid, after missing the midnight deadline to repay the IMF $1.7 billion. The development came as Greece’s European creditors each rejected an 11th-hour attempt by Athens to extend the country’s international bailout program, The New York Times reported. LINK

U.S. to Open Embassy in Havana The U.S. and Cuba have reached an agreement to restore diplomatic relations and reopen embassies in each other’s capitals, a senior administration official said Tuesday, the biggest step yet toward ending a half century of enmity between the two countries, The Wall Street Journal reported. LINK

National

Black Churches Burning The NAACP warned black churches Tuesday to take "necessary precautions" as authorities in Southern states investigate whether several church fires over the last week were arsons. Citing a series of arsons that struck black churches across the South in the 1990s, the NAACP used a Twitter hashtag that went viral this week and tweeted Tuesday, "Almost 20 years later, we must again ask, #WhoIsBurningBlackChurches?" Hours later, another historically black church went up in flames.  Tuesday's fire at Mt. Zion African Methodist Episcopal Church in Greeleyville, South Carolina -- about 60 miles north of Charleston -- comes 20 years after the same congregation's church was burned to the ground by the Ku Klux Klan, the Los Angeles Times reported. LINK

Bosses Reclassify Workers to Cut Costs As courts and regulators increase their scrutiny of the relationship between businesses and independent contractors, employers are turning to a range of tactics to classify workers, taking them off the formal payroll and lowering costs. In response, some state and federal agencies are aggressively clamping down on such arrangements, The Wall Street Journal reported. LINK

Bush Releases Tax Returns Jeb Bush has made more than $29 million since he left the Florida governor’s office in 2007 — vastly increasing his wealth through a combination of speaking fees, corporate board memberships, investments and a consulting contract with a global bank that paid $2 million a year. That income was detailed in 33 years of tax returns that Bush, now a 2016 Republican presidential candidate, published online Tuesday evening, The Washington Post reported. LINK

Vermont

IBM Sale Big Blue's big deal is almost a done deal. IBM is paying GlobalFoundries $1.5 billion to take its chip-making division off its hands. Government clearance is needed because GlobalFoundries is financially backed by the government of Abu Dhabi and needed government clearance, WCAX-TV reported. LINK