WASHINGTON, DC – U.S. Senators Rob Portman (R-OH) and Gary Peters (D-MI), Ranking Member and Chairman of the Homeland Security and Governmental Affairs Committee, introduced bipartisan legislation to set the United States Postal Service on more sustainable financial footing and support the goal of providing long-term reliable service across the country. The bill strengthens transparency and accountability for Postal Service performance, eliminates unnecessary financial burdens, and helps ensure the Postal Service can better serve the American people. U.S. Senators Richard Burr (R-NC), Tom Carper (D-DE), Thom Tillis (R-NC), Maggie Hassan (D-NH), Shelley Capito (R-WV), Kyrsten Sinema (D-AZ), Steve Daines (R-MT), Jacky Rosen (D-NV), Susan Collins (R-ME), Alex Padilla (D-CA), Dan Sullivan (R-AK), Ron Wyden (D-OR), Josh Hawley (R-MO), Brian Schatz (D-HI), Mike Rounds (R-SD), Roy Blunt (D-MO), Joe Manchin (D-WV), and Tina Smith (D-MN) joined Portman and Peters in introducing the bill as original cosponsors. A bipartisan companion bill was approved by the House Committee on Oversight and Reform last week.
“While its role in American life has changed over the years, the United States Postal Service remains a key part of American life, serving Americans through its delivery of vital medicines, important packages, and other mail,” said Ranking Member Portman. “For that reason, I am proud to join Senator Peters in introducing the Postal Service Reform Act of 2021, which will, when coupled with the Postal Service’s transformative 10-year plan, help turn around the substantial losses at the Postal Service over the last decade and ensure self-sustaining, high-quality postal service for all Americans.”
“Millions of Americans and Michiganders, including seniors, veterans, and small business owners, rely on the Postal Service to deliver. For decades, the Postal Service has struggled to overcome unfair and burdensome financial requirements that risk its ability to continue providing reliable service in the long run,” said Chairman Peters. “This commonsense, bipartisan legislation would help put the Postal Service on a sustainable financial footing, ensure it is more transparent and accountable to the American people, and support hardworking postal workers who deliver rain or shine to communities all across the country. I am proud to lead this bipartisan effort in the Senate and stand ready to work with my colleagues to move this bill through Congress.”
The Postal Service Reform Act would eliminate the aggressive prefunding requirement that has hurt the Postal Service financially, and integrate postal worker retirees’ health care with Medicare. Together, these two reforms would create $45.9 billion in savings for the Postal Service over the next ten years. In addition, the bill would require the Postal Service to maintain its standard of delivering at least six days a week. The legislation would improve transparency of Postal Service operations to both customers and Congress by requiring the publication of easily accessible weekly service data on the Postal Service website, as well as issuing a detailed report to Congress every six months on Postal Service finances and operations. The bill also includes bipartisan provisions for Postal Service accountability and growth.
To see the full text of the Postal Service Reform Act, please click here.