Postmaster General Patrick Donahoe today approached the House committee preparing a postal reform bill with one overriding question: “Does it enable $20 billion in savings by 2016?”
Rep. Darrell Issa (R-CA), the chairman of the House Oversight and Government Reform Committee, issued a “discussion draft” of a postal reform bill in May that included compromises he hopes will win bipartisan approval. The draft did not appear to meet the full approval of the PMG, however, who is adamant that any new legislation remove the U.S. Postal Service's obligation to prefund employee health and retirement programs. Issa's plan calls for future payments to be made on an actuarial calculation that will reduce the Postal Service's annual $5.7 billion prefunding payment, which it defaulted on last year.
Source: http://www.dmnews.com/the-postmaster-general-takes-issa-to-task/article/303491/
Rep. Darrell Issa (R-CA), the chairman of the House Oversight and Government Reform Committee, issued a “discussion draft” of a postal reform bill in May that included compromises he hopes will win bipartisan approval. The draft did not appear to meet the full approval of the PMG, however, who is adamant that any new legislation remove the U.S. Postal Service's obligation to prefund employee health and retirement programs. Issa's plan calls for future payments to be made on an actuarial calculation that will reduce the Postal Service's annual $5.7 billion prefunding payment, which it defaulted on last year.
Source: http://www.dmnews.com/the-postmaster-general-takes-issa-to-task/article/303491/
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