Lawmakers introduce postal reform bill

A bipartisan group of lawmakers has introduced long awaited, comprehensive postal reform legislation that aims to put the Postal Service back in the black.

The 2018 Postal Service Reform Act (S. 2629) was introduced by Democratic Sens. Tom Carper (Del.) Claire McCaskill (Mo.), Heidi Heitkamp (N.D.) and Republican Jerry Moran (Kansas).

The group says the bill will improve performance in rural communities and promote the development of new products and services.

“The bill addresses USPS’s significant net losses and missed payments, protecting it from the need for future bailouts and preserving employees’ retirement benefits,” according a news release by McCaskill. “ It also seeks to improve delivery in rural communities in particular by requiring increased transparency and enforcement.”

In addition, the bill expands USPS’s existing business model by allowing it to ship beer, wine, and other alcohol.

Read the full text of the bill here.

Reader comments

Tue, Mar 27, 2018

Unless the bill eliminates pre-funding for retirees not born yet, it's a scam. Looking at the pro-business reputation of those Senators, I bet it's a scam.

Mon, Mar 26, 2018

You should not be ok this this it's not what was promised to us. Are the insurname compaNY going to reduce your payment by 80% because now they are only covering 20% of the cost Are they going to not charge the 10% penalty for not signing up at 65? Are they going to give me my full social security and get rid of the GPO AND WEP so I can pay for Medicare B and D? Penalize retires that can't go out and get a job Sad what the people we executed do to us.

Mon, Mar 26, 2018

They can't even get my mail delivered to me properly. I say get rid of em and outsource to someone that can get the job done.

Mon, Mar 26, 2018

So, did the drafters of this bill actually carve the waste out of this operation...or, just raise the rates????? It's truly unfortunate that people elect others without having the comprehension and knowledge of what is required!!

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Edward A. Zurndorfer Certified Financial Planner
Mike Causey Columnist
Tom Fox VP for Leadership and Innovation, Partnership for Public Service
Mathew B. Tully Legal Analyst

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