A bill to “fix” the troubled United States Post Office (USPS) is on the verge of passage in the Senate but does it solve more problems than it creates? The Postal Service Reform Act of 2021, H.R. 3076 was scheduled for a vote earlier this month but was blocked by Senator Rick Scott (R-Florida) on a procedural technicality. “We can’t afford to add stress on our already enormous national debt with poor financial planning, which I think this bill absolutely does,” Scott said of the bill.
Now it’s back and on track for a vote in the Senate.
The biggest financial liability facing the USPS is the legal requirement to fund 75 years of retirement health benefits in advance for its workers. Congress has found a way around that by dumping the future postal workers on to Medicare.
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