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. Restructures payments to a health benefits fund for future retirees. Frees up USPS to offer a broader range of services like delivering beer and wine for retailers. Creates a USPS chief innovation officer. Halts the immediate closing of up to 252 mail-processing centers and 3,700 post offices. Forces USPS to preserve overnight delivery of mail sent to nearby communities... |