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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.
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A plan to save the US Postal Service from financial collapse has passed the Senate with unusual speed. The Senate plan calls for a major overhaul of the service, which is losing $36 million a day. The bill would allow the service to... 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

The Senate passed S. 1789, the bill generally reported to be aimed at "saving" or "fixing" the postal service, by a vote of 62-37 Wednesday. Less widely reported were the origins of the postal service's problems in a crisis manufact... Read Post