Oversight Leaders Release Bipartisan Postal Reform Discussion Draft

WASHINGTON, DC – Today, House Oversight and Government Reform Committee Chairman Jason Chaffetz (R-UT), Ranking Member Elijah E. Cummings (D-MD), Reps. Mark Meadows (R-NC), Gerry Connolly (D-VA), and Stephen F. Lynch (D-MA) introduced a bipartisan discussion draft of postal reform legislation.

In releasing the draft, the members issued the following statement:

“The Postal Service is in dire financial shape. Without reform now, the problems will only worsen and reform will become far more difficult to accomplish. This bipartisan legislative solution provides the opportunity for the Postal Service to return to solvency and continue to provide universal service to all Americans.”

For more information, click here to view discussion draft and here for a summary. 

Background:

The Oversight Committee held a hearing on May 11, 2016, that highlighted the need for timely and comprehensive postal reform legislation. During today’s press conference, members discussed key details of a comprehensive bill to reform the U.S. Postal Service.

Key Highlights:

• Enhance Revenue and Improve Efficiency: The bill keeps mailing costs affordable and encourages innovation.
• Medicare Integration: The bill requires Postal Service retirees to be enrolled in Medicare to remain eligible for federal health care in retirement. The Postal Service and its retirees have paid $29 billion into Medicare, but many retirees are not drawing on the benefits that they have already paid for.
• Streamline Governance and Oversight: The bill reforms the current governance system to improve accountability by:
  • restructuring the current Postal Service Board of Governors to improve accountability;
  • strengthening the ability of the Postal Regulatory Commission (PRC) to hold the Postal Service accountable; and
  • consolidating the Postal Service and PRC Offices of Inspector General into one body.