The debt ceiling and letter carriers

From the National Association of Letter Carriers:

The debt ceiling and letter carriers: On Monday night, the House of Representatives approved a deal brokered by congressional leaders with White House negotiators to keep America from defaulting on its credit obligations. The agreement authorizes a two-stage, $2.1 trillion raise to the nation’s debt ceiling that’s balanced with about $2.5 trillion in spending cuts spread over the next decade. Postal employees’ pensions and health benefits are fortunately off-limits in this first round of cuts in discretionary spending, though we will have to defend the continuation of six-day delivery during the appropriations process. But a second round of cuts could expose our fringe benefits to reductions, depending on the outcome of negotiations within a bipartisan, House-Senate select committee—the so-called "Super Congress." The Senate is expected to approve the legislation, and the president is expected to sign it today.

via NALC | The National Association of Letter Carriers, AFL-CIO.