¶ … United States, the federal government attempts only to step in on state regulation of civil matters when the issue is ubiquitous enough to cover national importance. In such cases, the federal government issues mandate laws, that force states to adhere to federal regulations on certain matters, which are often required to be funded by the federal government in order to take the burden off of the state itself. There are a number of mandate laws here in the United States, including the Wages and the Fair Labor Standards Act (FLSA) and the Affordable Care Act (ACA), which impact not only the way citizens experience their daily lives but also the fiscal and budgetary operations of public organizations. First, the Fair Labor and Standards Act was passed by the federal government in order to assure employees in the United States received a fair wage and were not exploited by their employers. It established a federal minimum wage of $7.25 that was enacted in 2009, forcing all employers...
However, many states, like California, have increased that bottom line for the minimum wage based on the altered standards of living that typically differ from the rest of the nation. The State of California recently increased its minimum wage to $9.25, with plans on increasing the wage limits annually until it reaches $15. The FLSA also establishes the 40-hour work week, with regulated standards of overtime pay when an employee's hours exceed that 40 hours (United States Department of Labor, 2013). There are also mandated provisions against child labor, with minimum age limits set at 16 years of age, with parental approval. Enforcement of the statutes seen in the FSLA falls on the shoulders of the United States Department of Labor. Ultimately, it is this department that must fund investigations against employers after employees take up charges. The Wage and Hour Division is especially set up for the enforcement of the FLSA and requires funding within the larger budgetary operations of the United States Department of Labor. According to the 2015 Congressional Budget Justification Wage and Hour Division, the allocated budget for the operations of this public office was $265,766,000. States with additional laws and regulations advocating workers rights must then also apply their own budgetary measures to augment the work of the Wages…
Regulation of Banks Banks are an important aspect of any modern economy. They provide financing for commercial businesses, access to payment systems and a variety of financial services for the economy as a whole. The integral role that banks play in the national economy is demonstrated by the need for and practice of banking regulation and as part of the lessons learnt from the recent global financial crisis, provides a government
Law Enforcement and the Budget The most important stakeholders in the public finance of law enforcement organizations are the tax payers. Without taxes collected, the government could not afford to fund organizations. Municipal taxes, bonds, grants and more all go to fund law enforcement organizations. State and local taxes pay salaries and pensions for retiring officers, and yet still many municipal, state and federal level law enforcement agencies are required to
Evolution of the Violent Crime Control and Law Enforcement Act of 1994 Most Americans regard the Violent Crime Control and Law Enforcement Act of 1994 as the most comprehensive and far-reaching anti-crime bill in the country's history. The Act, which took up more than 1000 pages and an approximate $30 billion in costs, covered an overwhelming array of areas ranging from funding for late-night youth basketball programs to a ban on
On November 8, 2001, the U.S. Senate passed several new conditions before direct 'military-to-military relations can be restored with Indonesia including the punishment of the individuals who murdered three humanitarian aid workers in West Timor, establishing a civilian audit of armed forces expenditures, and granting humanitarian workers access to Aceh, West Timor, West Papua, and the Moluccas." Following are two very recent bills and rulings by the U.S. Congress concerning
California's Educational Funding: Tragedy or Equity? When attempting to determine whether the method and amount of public fund distribution is equitable within any school system, several factors are always considered. In the case of California, which boasts more than 1,000 individual school districts, 8,000 schools, and over six million students, many assert than in ex-ante analysis, the state's school finance system demonstrates sufficient levels of equitability. However, many do not agree. The foundation
Conclusions -- Was TARP Necessary -- A five member Congressional committee echoed a number of criticisms regarding TARP that many consumers, academics, and fiscal analysts were considering. What exactly was the Treasury's strategy with the $700 billion dollars for the supposed bail out? How can Treasury explain the significant gaps in their ability to find hundreds of billions of taxpayer money? In a nutshell, it appears that the departments that
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