Answer:
Each count of racketeering is punishable by up to 20 years of incarceration. However, racketeering is punishable by life imprisonment if the predicate crime is punishable by life imprisonment (such as murder). The court can also impose a fine of up to twice the defendant's illegal profits.
Explanation:
How serious is racketeering?
In reality, racketeering charges are usually brought against much less organized business enterprises than organized crime syndicates like the mafia. Racketeering is a complex charge that carries serious penalties and jail time for people who are convicted.
The President in the executive branch can veto a law, but the legislative branch can override that veto with enough votes. The legislative branch has the power to approve Presidential nominations, control the budget, and can impeach the President and remove them from office. As always, it is important to always keep in check with something to ensure it's just and smooth system.