Allow USPS to offer buyouts to reduce staff by as much as 100,000 employees.
Allow USPS to negotiate a new health insurance plan with its unions.
Spread out the Postal Service’s $5.5 billion annual payments to prefund retiree health benefits, and
End Saturday mail delivery.
“Our goal with this bipartisan legislation is simple: get the Postal Service back in the black and help it remain financially sound into the future,” said co-sponsor Sen. Joe. Lieberman (I-Conn.) in a statement last fall after he introduced the bill.