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Wednesday, March 28, 2012

USPS Still Trying To Snowball Congress

The Postal Service will try to convince a skeptical Congress to let it pull out of the Federal Employees Health Benefits Plan. Officials go before the House Oversight Committee later today. They say the Postal Service could save $7 billion a year by setting up its own plan. But an expert will tell the committee that would devastate the FEHBP. Checkbook's Walt Francis plans to say the federal program could not withstand a loss of so many participants. The Postal Service represents about one-fourth of enrollees.On the other side of Capitol Hill, the Senate had planned to debate a bill to overhaul the Postal Service this week. That's been pushed back until after lawmakers' spring break.

1 comment:

Anonymous said...

Congress won't let that cash cow to leave the herd,especially after they've stolen the milk.