Hooray! Today the Senate passed a bipartisan bill to save the postal service. After plowing through half a dozen separate reports about what the bill does, I've compiled a comprehensive list. Take a deep breath:
Allows USPS to recoup more than $11 billion that it had overpaid into one of its pension funds.
Provides early retirement incentives for nearly 100,000 USPS workers.
Starting in August the U.S. Postal Service (USPS) will stop delivering mail on Saturdays to save $2 billion annually. Many believe the USPS is hemorrhaging money because it's a outdated, inefficient, and overly bureaucratic operatio... Read Post
A bipartisan Senate bill introduced Wednesday would give the U.S. Postal Service about $7 billion to pay for employee buyouts and other debts, allow a renegotiation of postal worker health care benefits and require two years of stud... Read Post