"...With lawmakers poised to act as soon as next week on legislation overhauling the U.S. Postal Service, a new government audit published Thursday once again warns Congress that it must act soon to help the cash-strapped agency save billions of dollars in the next four years...
The Senate plan, cosponsored by Sens. Thomas Carper (D-Del.), Joseph I. Lieberman (I-Conn.), Susan Collins (R-Maine) and Scott Brown (R-Mass.) would delay the Postal Service’s move to a five-day delivery schedule by two years and require the agency to downsize, rather than close, its processing facilities... the Senate proposal also provides about $7 billion to provide employee buyouts of up to $25,000 to as many as 100,000 eligible workers — a plan that could help USPS meet cost-cutting goals, the report said."
The Senate plan, cosponsored by Sens. Thomas Carper (D-Del.), Joseph I. Lieberman (I-Conn.), Susan Collins (R-Maine) and Scott Brown (R-Mass.) would delay the Postal Service’s move to a five-day delivery schedule by two years and require the agency to downsize, rather than close, its processing facilities... the Senate proposal also provides about $7 billion to provide employee buyouts of up to $25,000 to as many as 100,000 eligible workers — a plan that could help USPS meet cost-cutting goals, the report said."
