Jump to content

Bipartisan Postal Service Bill Passes


 Share

Recommended Posts

Would like to see more and more of this, as some common sense decisions were made to stabilize the USPS. 

 

https://www.yahoo.com/news/senate-passes-sweeping-overhaul-u-005927758.html

 

Senate passes sweeping overhaul of U.S. Postal Service

9f57e57c9eb3b866139fe282df424c64
 
Ivana Saric
 
 

The Senate voted 79-19 on Tuesday evening to pass a sweeping $107 billion plan to overhaul the U.S. Postal Service.

Why it matters: Advocates argue that the bill will provide the beleaguered USPS with financial relief and help it modernize its operations, per the Washington Post.

Get market news worthy of your time with Axios Markets. Subscribe for free.

  • It will be the largest reform of the postal service in nearly two decades, the New York Times notes.

What's next: The bill passed with large bipartisan support and now heads to President Biden's desk to be signed.

 

Details: The Postal Service Reform Act, passed by the House last month, would require retired postal service employees to enroll in Medicare, develop an online dashboard with local and national delivery time data, and do away with a requirement for the USPS to fund employee retirement benefits 75 years in advance.

  • The requirements to enroll workers in Medicare and not require USPS to fund retirement benefits decades ahead of time alone will save the USPS almost $50 billion over the next 10 years, CNN reports.

What they're saying: Senate Majority Leader Chuck Schumer (D-N.Y.) tweeted Tuesday night that the act's passage would "improve service for the millions who rely on the USPS for medicines, voting, essential goods, and their livelihoods."

  • "It's the most significant step we’ve taken in the 21st century to strengthen the USPS," he added.

Link to comment
Share on other sites

While I understand that this a constitutional situation, the post office situation is one reason to NEVER allow the government to run our healthcare system. We are throwing another $107 Billion at a government run program that SHOULD be running with a profit or at least balanced, yearly. But as long as we continue to pay for high prices and terrible service, we deserve what we get. But this is what you get when you can't fire civil servants for not doing a good job. But hey, the senate worked together. Whoopie. 

  • Like 3
Link to comment
Share on other sites

28 minutes ago, BarryLaverty said:

a requirement for the USPS to fund employee retirement benefits 75 years in advance.

This was a poison pill that kept them from operating in the black for years. It has been fixed. 

Link to comment
Share on other sites

Proof that there is only a swamp in DC….filled with demo’s and rino’s that just spend OUR money to buy votes…and the rino’s don’t realize that they won’t get 1 vote from any of the DC swamp teet suckling rabid demo bot government employees….

Link to comment
Share on other sites

2 hours ago, BarryLaverty said:

Yeah, far be it that anything positive actually gets done. What a couple of cork up your rears cranks! :rofl:

I’m positive that the USPS will be back in a few years begging for another hand out to avoid bankruptcy….let the people at Chick-Fil-A run it….get a sandwich and your mail all at one time 

Link to comment
Share on other sites

Just now, gamewatcher63 said:

I’m positive that the USPS will be back in a few years begging for another hand out to avoid bankruptcy….let the people at Chick-Fil-A run it….get a sandwich and your mail all at one time 

Great idea! .... The feds couldn't run a port-a-potty with free exlax ....

  • LOL! 1
Link to comment
Share on other sites

On 3/10/2022 at 8:28 AM, Youngcoach123 said:

They should have let it die 

Unfortunately they can't, because it's in the Constitution to have a post office.  I still think they can do that with only having one post office.  

I don't think this will put the USPS in the black anytime soon if at all.  They can't compete with UPS or Fed Ex.  I saw that they were now going to require post offices to open on Saturday.  I didn't even know they closed down on Saturday.  Then again about the only time I go to the post office now is maybe once every 10 years to buy what little stamps I need to get me through the next decade.  I bought 20 stamps for one letter three years ago, and I still have 19 stamps.  

Link to comment
Share on other sites

I used to use them alot. USPS hiked rates 3 times in the last 5 years and a couple of seasonal temporary hikes on top of that. I gave up my Ebay store I had ran as a side-hussle since 2014 cause they had to be making more money than I was on certain items.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...