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National holidays are observed throughout a country and are considered legal if proclaimed by the central government. In the United States the state governments have jurisdiction over the celebration of holidays, except with regard to federal employees and agencies. On legal holidays banks and schools are closed and business transactions are restricted. New Year's Day, Presidents Day (a combined observance of George Washington's and Abraham Lincoln's birthdays that occurs near the date of Washington's birthday), the Fourth of July (Independence Day), Labor Day, Veterans Day, Thanksgiving Day, and Christmas Day are legal holidays observed by all the states...
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