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The Fair Labor Standards Act of 1938 requires a federal minimum wage, currently $7.25 but higher in 29 states and D.C., and discourages working weeks over 40 hours through time-and-a-half overtime pay. There are no federal laws, and few state laws, requiring paid holidays or paid family leave.
[27] [28] [29] McGee staunchly defended the oil depletion allowance, arguing it incentivized exploration in high-risk regions like Wyoming and safeguarded the industry's competitiveness. [ 30 ] [ 31 ] [ 32 ] He opposed reductions to the allowance during debates on the Revenue Act of 1964 and the 1969 Tax reform Act , emphasizing its importance ...