H.R. 756 Postal Service Reform Act of 2017 passes through the House Oversight and Government Reform Committee. Upon approval the bill’s original cosponsors, including Chairman Jason Chaffetz (R-UT), Ranking Member Elijah E. Cummings (D-MD), Reps. Mark Meadows (R-NC), Dennis Ross (R-FL), Gerry Connolly (D-VA), and Stephen F. Lynch (D-MA), released the following statement:
“The Postal Service is in dire need of real reforms, and this bill puts it on the course toward financial stability. These desperately needed policy changes prevent a taxpayer bailout of the Postal Service and will save billions of dollars over the next decade. We are pleased to see this bill pass through committee and urge the House to follow suit as soon as possible.”
We have provided a summary draft of H.R. 756, the Postal Service Reform Act of 2017 for your review.
NARFE President Richard G. Thissen made the following statements:
“There are simple solutions to the financial problems facing the U.S. Postal Service, such as eliminating the prefunding requirement outright, but this bill takes a more complicated route – forcing current postal retirees and survivors who are satisfied with their current health insurance coverage to pay an additional $134 per month, or more, through Medicare to keep it.”
Thissen went on to say:
“Unfortunately, this bill avoids making those more difficult decisions. Instead, the bill unfairly places the full burden of balancing the Postal Service’s books on the backs of 76,000 postal retirees and their survivors.”