Congressman Finally Takes Action To Remove Needless Requirement Bankrupting The Postal Service
Source: Think Progress
Rep. Peter DeFazio (D-OR) has introduced legislation to try to save the US Postal Service from its incipient bankruptcy, and he is asking for the public to help him pass it.
DeFazio’s bill would repeal the needless requirement — one no other business or entity must face — that the Postal Service pre-fund 75 years’ worth of employee health benefits. That requirement has hugely contributed to the USPS defaulting for the first and then second time in its history last year. Analysis from 2012 estimated that the USPS would have a $1.5 billion surplus without the benefit requirement.
But DeFazio recognizes that facts alone will not influence his colleagues to take up and pass the legislation, so he has also turned to the White House’s petition platform, We The People, to petition President Obama to take a stand against the health benefit requirement.
Read more: http://thinkprogress.org/economy/2013/04/25/1919381/postal-services-defazio/
source http://thehill.com/blogs/on-the-money/1007-other/295963-dem-congressman-launches-wh-postal-petition
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