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Search Tags: postal reform bill
The Senate postal reform bill calls on the Office of Personnel Management to change the way it calculates how much the U.S. Postal Service must pay into the Federal Employees Retirement System and the Civil Service Retirement System. The change could result in a $6 billion surplus for the debt-burdened USPS.
Sen. Tom Carper (D-Del.), the chairman of the Senate Homeland Security and Governmental Affairs Committee, and Rep. Darrell Issa (R-Calif.), the chairman of the House Oversight and Government Reform Committee, said they were committed to working together to pass postal reform legislation in the new Congress. Postmaster General Patrick Donahoe renewed his call for congressional action, saying the agency faces an "unsustainable" financial path.
Lawmakers have about 23 real work days left before the end of the fiscal year to pass USPS reform, comprehensive cyber, DoD authorization and all the 2013 spending bills. Experts hold out little hope even after the passage of the FDA bill and the expected approval of the highway legislation.