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Postal Service gets a boost

By Emily Jarvis Internet Editor FederalNewsRadio Lifting a burden from the Postal Service. A House panel has approved a measure would save the agency 2.3 billio...

Federal News Network Staff

July 13, 2009 11:15 am

< a min read

By Emily Jarvis
Internet Editor
FederalNewsRadio

Lifting a burden from the Postal Service. A House panel has approved a measure would save the agency 2.3 billion dollars this year in health care costs. If the bill, HR 22, passes the full House, USPS could pay for today’s health care premiums using a trust fund set aside for future retirees.

The Postal Service faces a potential $6 billion dollar shortfall this year.

Passage for the bill is promising. HR 22 was in committee since January.