The House passes a major financial overhaul of the USPS

News and events of the day
Post Reply
User avatar
Libertas
Posts: 6468
Joined: Sun Oct 24, 2021 5:16 pm

The House passes a major financial overhaul of the USPS

Post by Libertas »

https://twitter.com/jacobbogage/status/ ... DGw5Z3XuIg
BREAKING: The House passes a major financial overhaul of the USPS, relieving it of $57 billion in liabilities, plus another $50 billion cost savings over the next decade.
DeJoy is there to stay from what I read the other day, hope that is wrong. He will of course still destroy the USPS as it will make him and others rich.
I sigh in your general direction.
ap215
Posts: 6050
Joined: Sun Oct 24, 2021 10:41 pm

Re: The House passes a major financial overhaul of the USPS

Post by ap215 »

Postal Reform Will Finally Become Law After Senate Passes Long-Sought After Legislation

The Senate on Tuesday by a 79-19 vote passed a sweeping reform of the U.S. Postal Service to eliminate much of its debt and restructure some of its operations, sending to President Biden’s desk the first major overhaul of the mailing agency in more than 15 years after more than a decade of billion dollar losses.

The 2021 Postal Service Reform Act has been more than 10 years in the making, with various efforts to put the mailing agency on firmer financial footing repeatedly failing or stalling out. The measure won broad bipartisan support, though its passage was delayed last month by a single Republican senator. Congress last passed major postal reform in 2006, though the agency’s finances collapsed shortly thereafter and lawmakers have struggled to address the situation ever since.

https://www.govexec.com/management/2022 ... te/362919/
User avatar
Libertas
Posts: 6468
Joined: Sun Oct 24, 2021 5:16 pm

Re: The House passes a major financial overhaul of the USPS

Post by Libertas »

Good...cons will hate this, anything that is good for America, they hate.
I sigh in your general direction.
Post Reply