The Latest Postal News

Tuesday, February 11, 2020

2021 Budget Proposes $97 Billion USPS Savings Package, Including Pay and Service Cuts

"...USPS would also be able to remove the payments toward health benefits for future retirees that it defaulted on from its balance sheet by reamortizing those liabilities over a 40-year period. The House last week voted to eliminate that prefunding requirement entirely. Absent from the budget blueprint was a plan to sell off the Postal Service to the private sector..."    

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