Senate Homeland Security and Governmental Affairs Committee Chairman Gary Peters of Michigan and top committee Republican Rob Portman of Ohio introduced the measure, which would eliminate a prefunding requirement for postal service retirees that has hamstrung the financially strapped agency, as well as integrate retirees’ health care with Medicare.
The lawmakers argued these two reforms alone would create more than $45 billion in savings for the Postal Service over the next 10 years.
The legislation would also require USPS to continue delivering at least six days a week, require the…
