![]() ![]() Conferees are attempting to include the debt ceiling increase in a comprehensive deal, but there is still no guarantee. So it is possible that we could see a crisis averted by an appropriations deal, but then turn around and see another one just two weeks later. Mais the deadline for the debt ceiling to be raised or suspended. When it comes to spending, where Congress has to appropriate money anyway, the purpose of the debt ceiling is mostly political. ![]() Beginning with the Second Liberty Bond Act in 1917, we have a debt ceiling that limits the amount of money the government can borrow. The debt ceiling.Īnother peculiar feature of modern politics is that appropriating money is not enough. There is a chance that the parties will strike a deal, and then we will run into a wall. Anyone who knows anything about government will tell you CRs are a miserable way to run a government. Then they are beaten up for spending a lot of money in the last weeks of the fiscal year.Īnother big problem is that agencies cannot start new projects during a CR. Then they get an appropriation for the rest of the year that has to be obligated before midnight on September 30. Agencies do not know what their budget for the rest of the year will be, so they may limit hiring or contracts. Regulations on This TopicĢ9 CFR Part 4.The biggest problem is uncertainty. How are Vacation Pay, Sick Pay, and Holiday Pay Computed?Īnswers about holiday and vacation leave from the Wage and Hour Divisions Frequently Asked Questions.Ĭoverage Under the Fair Labor Standards Act (FLSA)įact sheet on who is covered by the FLSA. On a government contract to which the labor standards of the Davis-Bacon and Related Acts apply, holiday pay and/or vacation pay is required for specific classifications of workers only if the Davis-Bacon wage determination in the covered contract specifies such requirements for workers employed in those classifications. On a government contract to which the labor standards of the McNamara O'Hara Service Contract Act (SCA) apply, holiday and/or vacation fringe benefit requirements are stated in the SCA wage determinations in contracts that exceed $2,500. ![]() These benefits are generally a matter of agreement between an employer and an employee (or the employee's representative). The Fair Labor Standards Act (FLSA) does not require payment for time not worked, such as vacations or holidays (federal or otherwise). ![]() Veterans' Employment and Training Service (VETS).Pension Benefit Guaranty Corporation (PBGC).Ombudsman for the Energy Employees Occupational Illness Compensation Program (EEOMBD).Office of Workers' Compensation Programs (OWCP).Office of the Chief Financial Officer (OCFO).Office of the Assistant Secretary for Policy (OASP).Office of the Assistant Secretary for Administration and Management (OASAM).Office of Labor-Management Standards (OLMS).Office of Federal Contract Compliance Programs (OFCCP).Office of Disability Employment Policy (ODEP).Office of Congressional and Intergovernmental Affairs (OCIA).Office of Administrative Law Judges (OALJ).Occupational Safety and Health Administration (OSHA).Mine Safety and Health Administration (MSHA).Employment and Training Administration (ETA).Employees' Compensation Appeals Board (ECAB).Employee Benefits Security Administration (EBSA).Bureau of International Labor Affairs (ILAB). ![]()
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