Per the Budget and Accounting Act, the president must propose a budget for each fiscal year—even if he or she isn’t in office for most of that year. Congress is then tasked with reviewing the budget and offering amendments. Republicans have so far declined to review it and are expected to release an alternative in the coming weeks.
Passing of the budget notwithstanding, here are our top three highlights for today’s human resources:
The budget urges states to establish paid leave programs by providing $2 billion for the Paid Leave Partnership Initiative. The initiative allows up to five states to use the funds to launch paid leave programs and pay for half the benefits for three years. The proposal is in step with recent calls from the president for Congress to act on paid leave.
The Namely team will continue to monitor the budget’s status.
Andy Przystanski is Content Marketing Manager at Namely, the all-in-one HR, payroll, and benefits platform built for today's employees. Connect with Andy and the Namely team on Twitter, Facebook, and LinkedIn.
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