Current Event: Postal Service Deal Clears Senate Panel

Current Event 11/10/11 Article: postal Service deal clears Senate panel by Jennifer Liberto from CNN The US postal Service is losing a lot of money so The country of origin Security and Government Affairs Committee passed a bipartizan plan to predominantly give it billions of dollars to pay overpaid retirement pensions. It would as well turf out benefits, buy out slightly employees and make some changes but it was decided to keep prices the same and to not cut Saturday service for now. It still needs to pass the House and the dependable Senate. The deal took out a controversial measure that oblige retirees to have Medi lot if they can. It kept the most controversial measure: charge Saturday service for the next two years at least The postal Service has $5.5 billion receivable to its retiree health care fund on November 18th and it looks like it will default. This oblige shows a good example of a bipartisan police squad getting something done, which would be great if it happened like that for all bills. Unfortunately, its working toward the Post Office, which I feel is doomed to break away anyway. The article says mail volume is down 20% the stick out four years and losses have topped $20 billion. To me, that seems like a bigger problem than $5.5 billion due in health care funds.

I agree with wounding worker benefits, buying out some employees, and to stop fashioning employees switch from federal health care to Medicare because thats what has to be done when money is so tight. Im with the unions on Saturdays, though. If they are really desperate for money, they should cut mail on Saturdays. Most businesses are closed on weekends and I discredit there are many people who receive of the essence(p) mail on Saturdays that cant wait until Monday. I think they should have raised prices a little to help oneself with payment too, but Lieberman said they specifically avoided doing that although the article didnt specifically say why other than saying its the last thing you exigency to do. An official cost... If you want to get a full essay, order it on our website: Orderessay

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