Tuesday, March 12, 2024

President Biden’s proposed 2025 federal budget offers a lot for employers to chew on


If you want to learn about a government's priorities, trace the money. 

President Biden's proposed federal budget for FY 2025 contains significant funding that would impact the workplace.
💸 $13.9 billion to the Department of Labor, to help enforcement efforts to curb child labor violations, to strengthen OSHA's capacity and increase its penalties, and to establish a national paid family and medical leave program administered through the Social Security Administration.

💸 $488 million to the Equal Employment Opportunity Commission to support the implementation and enforcement of the Pregnant Workers Fairness Act and the to advance pay equity through the collection and analysis of employer pay data.

💸 $320 million to the National Labor Relations Board to strengthen its capacity and to increase penalties.

This is just a proposed budget, and still needs to pass Congress (which is far from certain). Nevertheless, it sets forth the Administration's policy priorities for the final year of its first term (and maybe beyond). It's a nice crystal ball into the regulatory priorities with which you could be dealing for years to come.