Earlier this week, the House Oversight and Government Reform Committee approved H.R. 3813, legislation that would slash postal and federal retirement benefits by $44 billion over the next decade. The provisions included in the Committee-approved bill were hastily inserted in H.R. 7, a highway construction bill, and will be used to offset a funding shortfall in the transportation bill. The House may bring H.R.7, with the federal retirement cuts, up for a floor vote late next week. In addition, postal reform legislation slips until after the Presidents’ Day Recess, and the Postal Inspector General concludes that the USPS retiree healthcare liability could be fully funded in 21 years, without any additional pre-funding payments. To read about these issues, click on the latest edition of the eNAPUS Legislative and Political Bulletin.
Archive for February 12th, 2012
Sunday, February 12th, 2012