Trump budget calls for $47B in retirement benefits, operational cuts at USPS https://federalnewsradio.com/budget/...-cuts-at-usps/
President Donald Trump has weighed in on the ongoing postal reform debate with a fiscal 2018 budget proposal that would save the U.S. Postal Service $47 billion over 10 years through cuts in retirement benefits and mail delivery costs.
The majority of the cost savings outlined in Trump’s postal reform plan, as written in his May 23 budget proposal, come from retirement benefit changes that would also affect the rest of the federal workforce, but would save the Postal Service $33 billion over 10 years. The Postal Service would also save an additional $1 billion by increasing postal workers’ contributions to their health and life insurance.
The president’s USPS budget plan reflects some of the provisions in a bipartisan postal reform bill that passed the House Oversight and Government Reform Committee in February, but goes further in reductions to delivery standards.
The White House plan would let the Postal Service “reduce mail delivery frequency where there is a business case for doing so,” which could include the elimination of Saturday delivery, even though the idea has been rejected repeatedly by lawmakers. The Trump plan would also reduce door-to-door delivery, and allow the Postal Service to move toward centralized “cluster box” delivery. |