House Committee on Oversight and Reform Introduces Bipartisan Postal Service Reform Act
On May 11th, Chairwoman Carolyn Maloney (D-NY) and Ranking Member James Comer (R-KY) of the House Committee on Oversight and Reform introduced the bipartisan Postal Service Reform Act. The new bill is scheduled to be marked up on Thursday, May 13th, 2021.
The bipartisan bill is an important step on the road to saving our public Postal Service. The bill will place USPS on the path toward financial stability by taking the critical step of repealing the unfair prefunding mandate, adding much-needed transparency to the Postal Service, and enacting prospective Medicare integration. The prefunding mandate requires USPS to fully prefund retirement health benefits for future postal workers who have not even been born yet. This burden—which no other organization is forced to bear—is responsible for 84 percent of the Postal Service’s net losses since 2007.
“I applaud Chairwoman Maloney and Ranking Member Comer for their leadership and for coming together on a bipartisan basis to help to preserve America’s Postal Service,” said APWU President Mark Dimondstein. “Their efforts reflect the broad support across the country – regardless of party affiliation – for the essential and dependable public postal services the people rely upon. We look forward to continuing to work with the committee to build support for this bill and ensure that USPS is better able to serve the American public.”