A few things concern me about this bill:USPS reform bill offering ‘much-needed reset’ on its finances passes Senate
A long-awaited reform bill that would save the Postal Service more than $100 billion is headed to President Joe Biden’s desk.federalnewsnetwork.com
(1) Removes the mandate to prefund retiree health benefits - with the implication that the funds will be reinvested in the workforce, technology, etc. Our government has a habit of promising that, then actually using the money elsewhere for pork projects which then removes or reduces promised benefits for retirees. This methodology never pays off in the end - see Social Security.
(2) It has the backing of the current Post Master General.
(3) The article, there is the implication that we should expect the USPS to be revenue positive. Well, there are only two organizations that I know of that are. - the Treasury Department, and the FDIC (which takes in no tax dollars). Here are a few other agencies that are more expensive to operate and generate significantly less revenue: (1) The Defense Department (annual public budget of almost 3/4 of a trillion dollars) and (2) Congress. While both are constitutionally mandated (and I was part of the former) - no one ever asked - where’s the return on investment?
I think we need to give the postal service credit where credit is due - it serves the people - and goes where other private sectors shipping companies won’t go. Our people depend on it to bring medicine, SSI checks, etc - it is definitely a contributor to our great country. And (please don’t let me jinx myself) - it gets shaving supplies to people on time. - that is a needed service
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