March 9, 2022

It ain't perfect, but it's progress. And it's about time we removed the onerous requirement that the Postal Service fund its health care requirements so far in advance. Via the Washington Post:

The Senate on Tuesday approved a $107 billion financial overhaul of the long-beleaguered U.S. Postal Service, providing monetary relief for the agency that leaders say will allow it to modernize and invest in efficient service.

President Biden has signaled his intent to sign the legislation, which has already cleared the House.

The Postal Service Reform Act, which passed 79 to 19, provides financial flexibility for the mail agency to take on improvements that have been debated for years. Republicans have traditionally criticized the agency as a poster child for government waste and incompetence, even as it won high marks for approval and trust from the public. During the pandemic, Democrats hailed mail workers as everyday heroes and pushed the agency as an example of the benefits of robust government services.

But the Postal Service’s role throughout the coronavirus pandemic forced lawmakers to reach a consensus on restructuring its balance sheet, with worries that the agency could not withstand another financial shock. Nearly half of all voters cast their ballots by mail during the 2020 election, and postal workers hauled packages from doorstep to doorstep amid surging e-commerce demand, allowing individuals to purchase essentials remotely and stay home during public health shutdowns.

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