House panel to take up Postal Service reform measures
"The U.S. House of Representatives Oversight and Reform Committee on Thursday will consider a pair of bills to reform the cash-strapped U.S. Postal Service, a document seen by Reuters shows. Representative Carolyn Maloney, the Democrat who chairs the panel, circulated draft legislation earlier this year to address some key USPS financial issues. It would eliminate a requirement for USPS to pre-fund retiree health benefits and would require postal employees to enroll in the Medicare government-retiree health plan. The measures would save USPS $40 billion to $50 billion over 10 years."