Similar to reform legislation in Congress, Trump suggested USPS increase collaboration with state and local governments, reduce to-the-door mail delivery “where appropriate,” change its governance structure and create postal-specific assumptions about the demographics of the USPS workforce to prevent possible overpayment into the agency’s Federal Employees Retirement System account. The proposal said the Postal Service should institute a one-time price hike and have more flexibility in setting its rates, something postal management has also advocated.
The operational changes to the Postal Service would improve the agency’s financial position $45 billion over 10 years, according to the budget, while the benefits changes would reduce costs by an additional $35 billion. The total unified budget impact would be just $44 billion over the next decade.
Get the news sent straight to your inbox. Please remember, this list sends an email every weekday, so if you are not a news junkie, then this might not be the list for you. Thanks