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Senate Passes Major Reform of U.S. Postal Service

HeadlineMar 09, 2022

A bipartisan Senate passed a major $107 billion overhaul of the U.S. Postal Service Tuesday. The Postal Service Reform Act eliminates a costly 2006 mandate that required the USPS to fund employee retirement benefits 75 years in advance, and instead directs retired employees to enroll in Medicare. The plan also ensures deliveries six days a week, orders the creation of an online delivery dashboard and strengthens financial reporting requirements to Congress. The measure, which cleared the House with overwhelming support last month, now heads to Biden’s desk for signing. Meanwhile, a House bill is expected to be introduced today that would require a contract for a new fleet of delivery trucks to be made up of at least 75% electric vehicles.

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