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.
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